[lbo-talk] Measuring values in an iPod

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Fri Jun 29 11:46:18 PDT 2007


Wojtek writes:


> So if I read this study correctly, most of the value is added
> domestically by US owned companies ripping off US buyers of products
> manufactured elsewhere. In other words, the US consumer is the party
> that is screwed up the most in the whole process, but he loves it.

Don't you think that consumers who are willing to pay for something like that ought to help out GDP? Who is smarter: the Chinese company that can get an iPod built for $4, or the US company who can get everyone else to make and distribute it and pocket $150?

/jordan



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