Reply to post: Re: Beijing Intellectual Property Court

Chinese smartphone cable-maker chucks sueball at Apple

Anonymous Coward
Anonymous Coward

Re: Beijing Intellectual Property Court

@ Charles 9

The whole Global economy idea is failing the working class of developed nations. That is largely because of the greed of Mega-Corps that benefit from it. The system, as it was set up and continues to operate, has allowed companies in the West to stagnate or even decrease wages over the last nearly 40 years. There should always have been taxes in place to raise the cost of products made in any country that pays slaves wages to works, offers little or no health benefits etc etc. There were several reasons to offshore those jobs such as crushing Unions, lowering the cost of those products (not so much the price) to increase profit margins and increasing Corporations ability to headquarter in tax havens are some of the perks.

A large part of the problem with uptake of these products will be that fewer can afford to buy them now due to stagnant wages. Of course, wages wouldn't have to rise if the cost of so many products didn't rise as well, but the price of stuff keeps going up (largely computing devices are the exception).

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