December 9, 2013

What's Apple Done for the Chinese? A Lot, Actually

Tim Worstall, Forbes

The Associated Press

It is entirely true that China is not a rich country as yet. It is also true that these wages are lower than we would be happy to work for, the hours longer and the conditions worse. But that’s because we had the good fortune to be born into an already rich country instead of one scrambling to climb out from under the rubble of Maoist communism. But using Apple as our symbol of this globalisation, as the activists groups themselves do, we can now answer the question of what has Apple done for the Chinese worker? Helped them become a lot less poor, richer in fact.

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TAGGED: Apple, China

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