XPost: can.politics, talk.politics.misc, alt.global-warming   
   XPost: uk.politics.misc   
   From: bowman@montana.com   
      
   On 02/23/2020 07:46 PM, PhantomView wrote:   
   >   Economics has a logic of its own - one that is hard to   
   >   argue with (Bernie may try, but is doomed to fail).   
   >   Capitalism can deliver, but it can also turn on a dime   
   >   and stab you in the back.   
      
   Capitalism 101 that you learned about in grade school is fine. Modern   
   capitalism where profits are mostly made with smoke and mirrors isn't so   
   fine.   
      
   >   As for the machine tools, we invented a whole new   
   >   kind called "microcomputers". A dollar or two has   
   >   been made off of those I hear.   
      
   That lasted for a while. Not that there still isn't money in selling   
   iPhones but the manufacturing is long gone. The components are sourced   
   from a number of companies but if you drill down to where they are   
   manufactured it's usually someplace in Asia. Foxcomm has a number of   
   plants but the Shenzhen is the most notorious:   
      
   https://www.theguardian.com/technology/2017/jun/18/foxconn-life-   
   eath-forbidden-city-longhua-suicide-apple-iphone-brian-merchant-   
   ne-device-extract   
      
   Look beyond the technology and is there really a difference between   
   pricey Apple products and pricey Nike products being made by cheap labor?   
      
   not only did the US give the manufacturing away, it threw in the   
   technology. What do you think the whole Huawei 5G kerfuffle is about?   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)