Jon Stewart of The Daily Show looks at the working conditions at Foxconn, the Chinese mega-factory which manufactures so many of the electronic products that we use. The working conditions are so appalling that the company has to take suicide-prevention measures, all so that we can save about 25% on the prices of these gadgets.
There is no doubt that the US oligarchy would love to see American workers in the same situation, as can be seen by their union-busting efforts. Some of us may ridicule Newt Gingrich’s suggestion that we should replace each union janitorial job with 30 child laborers, but bear in mind that this is how the oligarchy thinks, that their goal is to maximize profits and their ideal of ‘efficiency’ is to drive wages down as low as they can go.