It’s still shocking to see just how little of the profits from an item go towards those who made it. From a piece on the power of transnational corporations, via Reports from the Economic Front:
The production of the iPhone offers one of the best examples of the logic and operation of these transnational corporate controlled cross border production networks.
Not surprisingly, the division of profits, as shown below, reflects the overall hierarchy that structures this and other cross border production networks.
Latest posts by JacobSloan (see all)
- For Sale: Poveglia, The Haunted Italian Island With A Chilling History - Apr 20, 2014
- Lab Is Missing 2,000 Vials Of The Deadly SARS Virus - Apr 19, 2014
- Essential Vitamin B3 May Have Arrived From Space On Meteorites - Apr 18, 2014