How does that happen without the cost of everything rising dramatically?
Would it though? You have to question if people are so used to certain prices being the way they are, that would people not be interested in buying an ipad if they all of a sudden were 100 more to make up for chinas theoretical better working conditions.
I mean look at a product like steam. People are so used to paying $60 for a video game that they buy skyrim off steam for the same price as going to target, which gives you a physical copy potential trinkets (like a paper map), and won't be region locked.
Entertainment is different from say, gas prices (which people will always buy). Look at movies these days. Aside from the big summer releases and whatever wins major nominations, people are turning away from movies because they dont want to shell out $13 for a ticket to be in an aging theatre, when back in 2003 it was maybe $6 and the location was 10 years less worn down.
I don't get it. Do you want workers in China to be better off or worse off? China has a third of the production we have and over four times the population. There is absolutely no way China could give its workers US standards. The wealth just isn't there. If they could, the CCP would have done it long long ago.
I'm assuming you mean GDP when you say production, because there is no way in hell that china only has 1/3 of our manufacturing (what i think of when somebody says production).
I think my major beef with the economic state of the usa has more to do with the fact that we are slowly (or quickly) turning everything into a service. I really see it with gaming, and it makes me fearful of its future. I prefer having a mix of goods and services as a country's economic structure.
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Pride. Passion. Excellence. Metal_DK
Currently playing: Sengoku Rance, Starcraft II