The secret is out: Apple has a worm inching its way through its corporate flesh. January was a tough month on the Cupertino, California company venerated for its innovation and vision. The controversy emerged when an Apple contractor in China, a manufacturing facility known as Foxconn where many brand-name electronics are assembled largely by hand, …
Tag: marketplace
The Bubble Economy and the Rationality of Irrationality: Recapitalizing Virtue
For all the talk of Wall Street reform and consumer protections the problem of predatory lending has not been eliminated. Subprime lending continues in the auto financing industry and elsewhere, and unlike conservatives' criticism of the housing market there are no federal subsidies to finger. Policymakers have, indeed, caused the problem but for reasons other …
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The Price of Cheap: The Hidden Cost of E-Commerce
Oil companies say that demand will never be the same and that refinery cutbacks are necessary to boost sagging profits. Meanwhile, more cash-strapped shoppers are looking to save money and time shopping online. What do these seemingly separate trends have to do with one another? A lot more than you might think. Learn why e-commerce may contribute to increasing fuel prices, inflation and a retail landscape of tomorrow that hardly resembles anything we know today.