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Hell Is Cheap: China, Apple, And The Economics Of Horror (crooksandliars)
_The Ed Show - 2/14/12_
I hate what I've learned about Apple's outsourcing to China. I hate knowing
that Steve Jobs, who I admired very much in some ways, ignored repeated
reports that employees were being cheated and endangered. I hate knowing that
his business practices are destroying the kind of good middle-class job his
adoptive father had.
I hate watching this week's news stories about China, knowing most of them
ignore the fact that American companies who outsource to China have employee
fraud and death built into their business plans.
In the words of the old Bob Seger song: Wish I didn't know now what I didn't
know then. But I do.
**Where the Blame Belongs**
China and trade are back in the news, thanks to the trade visit of Chinese
Vice President (and future President, by most reports) Xi Jinping. Last week
on _The Breakdown_ radio show I interviewed William K. Black, Jr., the former
regulator who is now a Professor of Law and Economics at the University of
Missouri in Kansas City.
Prof. Black, who describes himself as a "white collar criminologist," makes a
compelling argument that the cruelty and cynicism of both Chinese authorities
and ...
The La's - Looking Glass (audio only)