Global Economic Serpent Eats Its Tail

Cheap nokia cell‘Cell Phone Makers Fight Resales’ is an interesting example of the global economy “run amok.” Of course the quotes here suggest that I don’t really believe this is anything like a Malaysian muderous rage, in fact it is incredibly fitting. At the same time that huge companies are leveraging global economic differences to bring dirt cheap cell phones to us via dirt cheap labor overseas, our local entrepeneurs have dicovered that they can walk to their local Walmart and buy up these dirt cheap cell phones in huge quanties and resell them for a profit overseas. How is this possible? Part of it is that the phones are subsidized (sold below cost) to coerce people to buy prepaid cell minutes. Other parts of it don’t make much sense to me, but the important thing is that people are making good money mining $20 cell phones from the strip malls of our nation. That’s the American spirit in action!

The cell companies aren’t too happy about this situation. Yet you couldn’t squeeze a drop of sympathy out of me. The freedoms of a free market aren’t just there to convenience the big and mighty. Plus, as inevitably happens when anyone is doing anything that someone else doesn’t like in this day and age, someone has been brought up on terrorism chages. Consider for a momenet: do you look a little dark skinned and shifty, do you own a cell phone? Well, a cell phone could be used to trigger a bomb, so you surely are a terrorist! Someone call the DA. That, sadly, is also the current American spirit in action.

(BTW, did you know amok comes from Malay and refers to a particularly Malasian form of a murderous frenzy? You do now.)

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