He’s not wrong, but this glowing review probably has more to do with his massive hard on for the largest emerging middle class in history and all of the cash they can bring him rather than praising the labor that builds his gizmos.
It is interesting to see an American CEO praise the value of manufacturing expertise when it’s his ilk who deindustrialized the United States in the first place.
Please. OK they are everything he says. A typical Foxconn employee on the assembly line makes anywhere from **1,500 renminbi to 2,200 renminbi a month**, based on 160 hours of work. At that salary, the wage ranges between $1.50 and $2.20 an hour, based on the exchange rate of 6.3 renminbi to the dollar.
A US worker would want what? 10x that. Yeah they are in China because of what he says.
This is the first time I heard this guy’s voice.
We have a bunch of college educated idiots. That’s about to shift. The US will have to shift back to vocational expertise and then next era in the US will put emphasis on that and provide very high paying jobs
I’m so tired of all these college educated millionaire talking about how we need more vocational training to bring back jobs to U.S. so they can pay them 15 an hour and pretend it’s a good wage.
Apple uses Chinese labor because they are cheapest semi-skilled labor market in the world. Are we expect to believe that if there were more vocational graduates in the U.S. that Apple would move production here and pay people something like 25 an hour? Please.
I wonder what happens when the west gives most means of production to China along with investment in training.
Its hard to win a war or compete in anything when you dont have means of production and the needed skills.
Cheap, Semi-skill and willing to work to the dead (996), Got it
The American capitalist mode of production is simply inferior to China’s socialist mode of production.
Guy doesn’t want to insult China by calling its labor “low cost.” Of course that is the reason why
10 comments
Cheap and highly skilled labour, got it.
He’s not wrong, but this glowing review probably has more to do with his massive hard on for the largest emerging middle class in history and all of the cash they can bring him rather than praising the labor that builds his gizmos.
It is interesting to see an American CEO praise the value of manufacturing expertise when it’s his ilk who deindustrialized the United States in the first place.
Please. OK they are everything he says. A typical Foxconn employee on the assembly line makes anywhere from **1,500 renminbi to 2,200 renminbi a month**, based on 160 hours of work. At that salary, the wage ranges between $1.50 and $2.20 an hour, based on the exchange rate of 6.3 renminbi to the dollar.
A US worker would want what? 10x that. Yeah they are in China because of what he says.
This is the first time I heard this guy’s voice.
We have a bunch of college educated idiots. That’s about to shift. The US will have to shift back to vocational expertise and then next era in the US will put emphasis on that and provide very high paying jobs
I’m so tired of all these college educated millionaire talking about how we need more vocational training to bring back jobs to U.S. so they can pay them 15 an hour and pretend it’s a good wage.
Apple uses Chinese labor because they are cheapest semi-skilled labor market in the world. Are we expect to believe that if there were more vocational graduates in the U.S. that Apple would move production here and pay people something like 25 an hour? Please.
I wonder what happens when the west gives most means of production to China along with investment in training.
Its hard to win a war or compete in anything when you dont have means of production and the needed skills.
Cheap, Semi-skill and willing to work to the dead (996), Got it
The American capitalist mode of production is simply inferior to China’s socialist mode of production.
Guy doesn’t want to insult China by calling its labor “low cost.” Of course that is the reason why
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