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by SamReidHughes
1289 days ago
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You're not actually computing the answer to whether foreign investment made the Chinese vastly better off. The answer is, it did. You can even absorb an entire Wikipedia section into the question without considering the counterfactual of what unemployment or lower-wage factor employment or agrarian employment practices were like, and the answer is yes, it did. > then try to reason about it all (including the profits going back into the american coffers). Apple's profits come from their customers giving them money, not the Chinese employees, who took profits as well. |
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That could have happened without humans being treated like cattle. I don't think that's hard to compute? If it is, no amount of 'what else could the american capitalists do if not leverage lower wage structures to their advantage' justifies that, I am sorry.
> Apple's profits come from their customers giving them money, not the Chinese employees, who took profits as well.
Employees took the profits? The profits trickled down from one mega corp to another; the line workers had to pay for it with their health. Answering "why wouldn't Apple build iPhones in the US" makes the capitalist designs plenty clear (which isn't a bad thing, and there are all kinds of ways to make money, but after a reaching a certain scale and seemingly bottomless capacity to generate revenue, it should start to matter just how it is made, as well).