The world's been going to hell in a handbasket since the days of Pericles.
V-e-r-y s-l-o-w-ly.

Somehow we muddle through and, surprisingly, things still trend upwards.
Glass half-full, half-empty?
It is good to worry about the working conditions of those that make our toys but it is also worth keeping a sense of perspective about the alternative.
Prosperity and modern lifestyles shouldn't be just for those that already have it; countries that embark on willful cheap labor programs do it with the implied intent to ramp up living standards. Japan did and South Korea, among others did it too. Those people are sacrificing so their kids won't have to just as our parents did for us.
We need to be careful; beggar-thy-neighbor protectionism makes beggars of everybody in the long term.