Apple once bragged that its products were made in America. But it has since shifted its immense manufacturing work overseas, posing questions about what corporate America owes Americans.
The economics of globalization are at the core of this article, Apple just happens to be the case-study. Why are iPhones not produced in the United States? While it would be easy to simply cite cheap labor, it is more complicated than that. Unfortunately for those hoping to rekindle American industry, the problems run deeper than that. The ability to recruit sufficient highly-trained engineers, flexibility and speed in production are all factors that are decisively in China's corner at the moment. Big picture, how are these economic factors reshaping the world we live in?
Via Seth Dixon