> Would you prefer a less greedy corporation that goes where the most expensive labor is which then increases the cost of production which then increases the cost of the products you buy from said company?
Well, yes actually, if the higher cost of those products buys me something that I believe to be worthwhile. There's a whole bunch of stuff I am willing to pay more for, higher quality, better customer service, local ownership or representation, good labor practices, environmental concern, and on and on. I hate this idea that somehow price is the only thing that companies can compete on.
It should only require a small shift in the thinking of armchair economists that companies compete on value, of which price is one aspect of varying importance. The continued existence of branded/premium commodity items and luxury goods is sufficient proof of that.
Well, yes actually, if the higher cost of those products buys me something that I believe to be worthwhile. There's a whole bunch of stuff I am willing to pay more for, higher quality, better customer service, local ownership or representation, good labor practices, environmental concern, and on and on. I hate this idea that somehow price is the only thing that companies can compete on.