By Henry Blodget
We love our iPhones and iPads.
We love the prices of our iPhones and iPads.
We love the super-high profit margins of Apple, Inc., the maker of our iPhones and iPads.
And that’s why it’s disconcerting to remember that the low prices of our iPhones and iPads — and the super-high profit margins of Apple — are only possible because our iPhones and iPads are made with labor practices that would be illegal in the United States.
And it’s also disconcerting to realize that the folks who make our iPhones and iPads not only don’t have iPhones and iPads (because they can’t afford them), but, in some cases, have never even seen them.
This is a complex issue. But it’s also an important one. And it’s only going to get more important as the world’s economies continue to become more intertwined.