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Other points I found particularly interesting: The author argues that this surplus extracted value doesn't end up primarily in Apple's pockets, but in consumer
by scarmig 12y ago
Other points I found particularly interesting:
The author argues that this surplus extracted value doesn't end up primarily in Apple's pockets, but in consumer's.
The author incorporates the concept of "reproductive labor" as an unpriced input, a cost accounting I've not seen before and have some skepticism of but is interesting nonetheless.
It tries to account for the extra extracted value that come from hukou restrictions, giving purchasers of their labor some level of monopsony power.
Instead of focusing myopically on "proletarians" like most Foxconn diatribes do, the paper also brings up the usually unaddressed issue of exploitation of Chinese management and engineering resources.