{"id":15249,"date":"2012-04-25T09:48:06","date_gmt":"2012-04-25T08:48:06","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=15249"},"modified":"2012-04-25T09:48:06","modified_gmt":"2012-04-25T08:48:06","slug":"apple-have-made-one-fundamental-error-theyve-forgotten-what-henry-ford-should-have-taught-them","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/04\/25\/apple-have-made-one-fundamental-error-theyve-forgotten-what-henry-ford-should-have-taught-them\/","title":{"rendered":"Apple have made one fundamental error &#8211; they&#8217;ve forgotten what Henry Ford should have taught them"},"content":{"rendered":"<p>Apple <a href=\"http:\/\/www.ft.com\/cms\/s\/0\/a1bb1c66-8e4a-11e1-bf8f-00144feab49a.html?ftcamp=published_links\/rss\/home_uk\/feed\/\/product&amp;ftcamp=crm\/email\/2012425\/nbe\/UKMorningHeadlines\/product#axzz1t29VS1Mr\" target=\"_blank\">have made record profits<\/a>.<\/p>\n<p>As Aditya Chakrabortty showed in the Guardian yesterday, this is in no small part as a result of shifting production to China. As he also argued, they\u00a0could\u00a0still be massively profitable making their product in the US.<\/p>\n<p>The\u00a0problem\u00a0for\u00a0Apple\u00a0and so many companies is a simple one. It is that if you make a mass produced product your workers have to be able to buy it.\u00a0Henry\u00a0Ford\u00a0realised\u00a0that. It was the basis of his success. As globalisation hollows out western markets leaving more and more unemployed in its wake increasingly that won't be true, not least\u00a0because\u00a0the replacement workers are, by definition,\u00a0paid\u00a0much less.<\/p>\n<p>This, amongst many things, is the failed logic of the neoliberal model of globalisation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Apple have made record profits. As Aditya Chakrabortty showed in the Guardian yesterday, this is in no small part as a result of shifting production<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2012\/04\/25\/apple-have-made-one-fundamental-error-theyve-forgotten-what-henry-ford-should-have-taught-them\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-15249","post","type-post","status-publish","format-standard","hentry","category-economics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/15249","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=15249"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/15249\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=15249"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=15249"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=15249"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}