The imperative of pursuing profit could involve eliminating millions of decent jobs.
Most of the profit goes to an American company.
You have to look at corporate profits and at corporate ownership structures.
State-owned enterprises are clearly superior if we have goals other than making huge profits.
Doesn’t China rise—and gain—as a result of the economic activity that goes on in China even if TNCs like Apple capture most of the profits?
Most of the profit goes to an American company and to its predominantly American shareholders.
It’s important to remember that the top Chinese auto firms make the overwhelming share of their profits from joint ventures with foreign firms, especially with Volkswagen and General Motors.
