“Companies once felt an obligation to support American workers, even when it wasn’t the best financial choice,” said Betsey Stevenson, the chief economist at the Labor Department until last September. “That’s disappeared. Profits and efficiency have trumped generosity.”Companies and other economists say that notion is naïve.
Anyone find the Apple position to be the naive one. You can't sell luxury goods to peasants. Every employee at crap wages is one less potential customer.
Anyone find the Apple position to be the naive one. You can't sell luxury goods to peasants. Every employee at crap wages is one less potential customer.