Quote:
Originally Posted by wyndslash
we all benefit from the current situation
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Rural Chinese whose children are sending home remittances certainly do.
It's to some extent a myth that Chinese manufacturing is all about low paid labor. Sure, Apple wants high margins, but even more they want to be the first with new features. When I purchased the Kindle 3 on the day of release, yes, I was benefiting, because Amazon could not have gotten a US company to make millions of newly designed devices, that year, at any price. Our more automated manufacturing takes longer to set up.
My favorite web site for these issues is atlanticmonthly.com. See:
China Makes - The World Takes
The above is long enough to be more comfortably read on an eReader. Here is a Kindle-friendly URL:
http://tinyurl.com/73wgh3e