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Technology Stocks : Apple Inc.
AAPL 259.35+0.1%Jan 9 9:30 AM EST
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To: Bill Wolf who wrote (136099)6/24/2012 5:00:47 AM
From: Doren3 Recommendations  Read Replies (1) of 213181
 
Unfortunately and contrary to common perception, capitalism is not perfect. In fact it can be pretty terrible.



However Apple is corporation, which is a fictional legal entity. It must compete with other fictional legal entities the best it can while obeying laws.

Its really not Apple's fault that our system is screwed up. One could argue, as I did several decades ago, that unions should be spending money to organize over seas. I warned that moving labor overseas was inevitable. My suggestions met deaf ears from my union friends. The Unions of course, took the easy road more or less abandoning manufacturing while actively organizing government workers.

Its not a good thing but can you really blame Apple? Other than government workers unions have shrunk considerably in the US. There is nothing stopping Apple workers from organizing. I would imagine working there they have the opportunity to better their skills and take off on their own if they have the moxie.

I myself once worked for a union, I've also been an employer. Its simply economics. Apple pays enough to retain the workers they want to retain. If more of them walked off the job perhaps Apple would pay better. I worked in the tech industry but I have to tell you I hated it. In some ways my job now is harder but in most ways I'd rather be doing what I'm doing than return to working a job in the tech industry. I'm convinced, and there is good evidence the tech industry would be better off with me there, and thousands of others like me, but they didn't treat me well enough for me to stay. I can tell you the quality of most of the people who did what I did is pretty poor.

I worked for Towerrecords too. That company needlessly scared off a lot of talent... and ended up bankrupt. I was one of the people that helped bankrupt them.
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