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Apple moving iPad production from China to Vietnam for the first time ever, reports say — James Crump

Summary:
So much for jobs coming back to the US. And Indonesia has even come online line as far as cheap labor goes. And in the background are Latin America and Africa.I don't see "capitalism" being transformed into something that is clearly not "capitalism" before the whole world is developed economically. Of course, there are many varieties of capitalism in addition to classical economic liberalism and contemporary neoliberalism, and neoliberalism is beginning to collapse of its own weight.The IndependentApple moving iPad production from China to Vietnam for the first time ever, reports sayJames Crump

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So much for jobs coming back to the US. And Indonesia has even come online line as far as cheap labor goes. And in the background are Latin America and Africa.

I don't see "capitalism" being transformed into something that is clearly not "capitalism" before the whole world is developed economically. Of course, there are many varieties of capitalism in addition to classical economic liberalism and contemporary neoliberalism, and neoliberalism is beginning to collapse of its own weight.

The Independent
Apple moving iPad production from China to Vietnam for the first time ever, reports say
James Crump

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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