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Apple hasn't existed in a time with "rampant unregulated capitalism", whatever that term is supposed to mean. You can argue there weren't enough regulations, bu

• _benton 1y ago
  That's why I put it in quotation marks. Capitalism is heavily regulated in every western nation, perhaps every nation.
• komali2 1y ago
  It existed today, so, yes it has. Capitalism describes the global mode of production, not just the United States economy. We haven't already forgotten the anti-suicide nets at Foxconn, have we? Without the margins that cheap foreign labor provides, the insanely high growth target required to please investors in a Capitalist economy can't be achieved. I think we're fixating too much on purity of the word "unregulated." If you'd like to offer a different one I'm open to it - to me, the closest example of "regulated capitalism" is the PRC's State Capitalism, however it's a poor example given the atrocious working conditions there and the massive wealth inequality. "Unregulated" to me doesn't mean "literally no regulations." To me it means, the owners of Capital have a very large amount of power, to the point that every regulation on them is an uphill, nigh-unwinnable battle. See: pushes for 30 hour work weeks in Europe. Or, see: pushes for socialized healthcare in the USA. I think we can both agree that the USA will never have socialized healthcare so long as the health insurance companies wield so much power and influence!