Friday, February 3, 2012

6 Shocking Ways Capitalism Is Failing Working America

AlterNet / By Les Leopold

Without a dramatic rethink, our "free-enterprise" system may never again provide enough decent jobs for those who need them.

January 31, 2012  |   Capitalism is coming apart at the seams and the middle-class is paying the price. This week’s news alone bombards us with examples of how, absent a dramatic rethink, our "free-enterprise" system may never again provide enough decent jobs for those who need and want them.

1. iSlavery

Apple is arguably the world’s most successful company. Yet most of the 700,000 jobs needed to produce its cherished products are located abroad, especially in China. Why doesn’t Apple manufacture in the United States? Charles Duhigg and Keith Bradsher writing for the New York Times reveal that Apple is looking for a cheap, “flexible” workforce that can be put to work whenever and wherever it is needed on the company's terms.

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