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Is it possible, right now, to do business that requires such a complex supply chain without encountering significant labor issues of this sort? By which I mean,
by ineedasername 6y ago
Is it possible, right now, to do business that requires such a complex supply chain without encountering significant labor issues of this sort? By which I mean, are there Western firms with more robust labor laws that could fill these needs?
- reaperducer 6y agoare there Western firms with more robust labor laws that could fill these needs? Currently, probably not. But if companies were willing to give up a tiny sliver of profits, the market would quickly fill that void. The problem is the mantra of "maximizing" shareholder profit at all costs. Even the cost of human life and dignity. /Apple stockholder whose votes are drowned out by the institutional investors.
- judge2020 6y agoI think another good question is: What percentage of raw materials does Intel import from China? For Intel chips made in the U.S., how much of the resources used to make the chips are extracted with US-based labor (since that's generally the most acceptable standard for ensuring slavery isn't used during production)?
- ineedasername 6y agoAssuming the imported materials are rare earths, then it would probably be the vast majority of their imports from China. Rare earths are another area where the rest of the world has ceded a critical strategic bottleneck to an adversarial regime.