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This image accompanied the article at Phawker. What emotion toward Chinese workers is this image calculated to instill?
Philly.com | Apple’s American job disaster
I first caught this article re-posted at Phawker.comĀ under the title, How Steve Jobs F*cked Over The American Worker. Steve Jobs could have sat at home and played his Atari all day. He chose instead to revolutionize the way we communicate. This is the thanks he gets.
But in 1996, the moneymen on Wall Street decided Apple was not living up to their expectations. Earnings had sagged. To raise cash and bolster the bottom line, the company was forced to unload assets. The Fountain plant was sold, just four years after it had opened. The plant was profitable and well-run, but Wall Street’s relentless focus on short-term earnings demanded results.
It’s called efficiency. Those who see jobs as ends in themselves don’t seem to care a lick about it. Read the rest of this entry »
Links for November 28, 2011: Cheap Chinese Labor; Money; Unfortunate Baby Names; others….
November 26, 2011Links for Monday, June 20: China’s Economic Stimulus; Ludicrous RIAA Damages; What about NPR?; others…
April 17, 2011-
SBS Dateline | China’s Ghost Cities
Stories about how China’s economy will soon surpass that of the U.S. should not be taken at face value. This is China’s economic stimulus project. This is what a government stimulus project is. A government stimulus project is when the government takes money and resources from the private sector and uses it to make and build things for which there is no genuine demand. Our American stimulus is of the same essential character. Ours is just a little more modest in scale.
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Newsweek | America Faces the Fiscal Facts
Here is a nice article from Niall Ferguson about the choice the American Government will make on our behalf in the near future: Raise taxes and/or cut government. Thomas E. Woods has argued that raising taxes will not solve the problem. There will have to be copious cutting.
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Wired.com | Feds, RIAA Ask $22,500 in Damages Per Song
With juries like these, who needs dictators? Read the rest of this entry »
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