When you buy an iPhone, where does the money go?

This is interesting, and pretty cool!

Enhance The Human Experience

Where people expect the money goes Where people expect the money goes

Where the money actually goes Where the money actually goes

I find this pretty surprising myself.  For the 5 minute explanation from Robert Reich, see this video on Upworthy.com. It’s funny that he talks about the economy and the decrease of unions being linked to income inequality.  Today I saw another video explanation, also by Robert Reich, on the rising gap in the U.S. economy, talking about the number of unions rising after WWI.  It’s part of a series of videos called Inequality for All.  Another in the series talks to some people working at an energy plant, and really brings home the question about profits and what is the value of the work people do.  Productivity has been increasing and stress is so high.  I support the recent discussion to raise minimum wage.  It’s not a simple answer, and it may not fix the problems as John…

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