>>>>>>
http://www.guardian.co.uk/technology/2012/may/30/foxconn-abuses-despite-apple-reforms>>>>>>
>>>>>>obviously no need for those nasty unions here.
>>>>>
>>>>>Since when is China considered a free market?
>>>>
>>>>Apple is operating in a free global market which nicely illustrates that unrestrained capitalism is a race to the bottom.
>>>
>>>Apple is operating in a global market which includes communist and totalitarian states which use force to impose the participation of their populace. A free market requires the voluntary participation of all participating parties.
>>>
>>>There is no global "free" market.
>>
>>Dude, QUIT USING FACTS!
>
>If I can offshore my manufacturing the the lowest cost economy how is that not a free market
Free Market :
Webster : an economic market operating by free competition
http://www.merriam-webster.com/dictionary/free%20marketInvestor Words : Business governed by the laws of supply and demand, not restrained by government interference, regulation or subsidy
http://www.investorwords.com/2086/free_market.htmlKindly point out to me how one offshores one's manufacturing without running into some form of government interference, regulation or subsidy. Hint : Why would you offshore if not for government interference onshore? ;)
>and an example of good (unfettered captalism) business. I'm interested what do you and Jake think Apple should do ?
Apple has a fiduciary responsibility to their shareholders. They must seek to provide a solid return and grow the business. In addition they have a very loyal and demanding customer base who are VERY vocal in their displeasure when Apple doesn't produce new products in a timely manner. Those customers don't appear to care as to why.
Wine is sunlight, held together by water - Galileo Galilei
Un jour sans vin est comme un jour sans soleil - Louis Pasteur
Water separates the people of the world; wine unites them - anonymous
Wine is the most civilized thing in the world - Ernest Hemingway
Wine makes daily living easier, less hurried, with fewer tensions and more tolerance - Benjamin Franklin