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View Diary: Apple and Unbridled Capitalism (248 comments)

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  •  why does the solution lie in 'the middle'? n/t (0+ / 0-)
    •  fair question (0+ / 0-)

      Can Apple increase the salaries of employees? Certainly. Would a double or triple be enough? How about a quadruple? I mean we are only talking about $4 hour (roughly). But what happens to the economy there when all of a sudden 1 million people have 4x as much to spend? Hyper-inflation.

      Can Foxconn improve working conditions? You bet. But it usually takes a united workforce to force changes. What China is going through is a sort of industrial revolution similar to what western societies had to go through in the late 19th century.

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