The
2008–15 Spanish financial crisis, also known as the
Great Recession in Spain[1][2] or the
Great Spanish Depression began in 2008 during the world
financial crisis of 2007–08. In 2012 it made Spain a late participant in the
European sovereign debt crisis when the country was unable to bailout its financial sector and had to apply for a €100 billion rescue package provided by the
European Stability Mechanism (ESM). Wikipedia.
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It is you who does not understand the concept of the free market. Pay rates are not universal, but determined by the local market. As to "an entirely proper wage", unions have made a sick joke out of that concept.
There is no such thing as a free market. Markets operate within the scope of different and unbalanced laws in different countries. The situation of Apple's offshore factory workers is one where there is unacceptable imbalance that sees Apple's offshore factory workers exploited, receiving a pittance for the long extraneous hours of work, with incredibly poor pay, in unacceptable working conditions.
Apple knows better, it must change its culture and ensure all it's employees are treated equally no matter which ever country they are working from and where they fit in the production process making our favourite devices. Some shareholders who own Apple stocks have signed up to the "ethical company charter" and are banding together to dump their stocks in protest should Apple not clean up its act by a certain date to be publicised.
The below is not acceptable:
Cost of living in the USA is about 45% - 135% higher than in China. 1
Wages of factory workers in the USA is about 1158% higher than in China. 2
Everyone knows the only reason why Apple employs it's workforce offshore in factories is to reduce it's costs and and increase it's revenue to insane levels. Apple is making more than $£€¥ 1 million in revenue, so Apple can afford to pay at a very minimum 30% tax in the country where the actual sale is made. Shareholders need to get used to this now.
Apple paying more tax, it's coming. Regular citizens pay upwards or more than 30% tax on income around the world. Even Apple taxes its own software developers 30% of their sales! So Apple, why be hypocrites? With $£€¥ billions in profit each year, Apple is very much in a position to pay its proper fair share of tax in each country it makes the sale. So why doesn't Apple stop this profit shifting to reduce the tax it pays? It clearly has financial scope to pay proper amounts of tax.
It's rather disgusting behaviour that Apple doesn't pay proper taxes. I support authorities and governments to address the laws and retrospectively go after companies like Apple for every $£€¥ they owe. Who do these companies think they are? They want all the protections that company structures allows, but they don't want to pay a since cent of tax.
There is complete wage imbalance in China. Apple needs to completely up its game to correct this terrible misdeed.
1.
http://www.numbeo.com/cost-of-livin...ult.jsp?country1=China&country2=United+States
2. The wage of an Apple factory worker inChina is about $310 USD per month. (2000 Chinese Yuan per month, but somewhere between 850 Chinese Yuan per month to 2030 Chinese Yuan.) The wage of a factory worker in the USA is about $3900 USD. (Notice the extra zero?)