Nader Deconstructs Apple

2:10 / 17:15
Nader Deconstructs Apple
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Ralph Nader Radio Hour
Published on Aug 15, 2018
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Ralph Nader takes a big bite out of the news of Apple’s one trillion dollar valuation.
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 Auggie Giuseppe
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Antonio Costa
Antonio Costa
1 month ago
I wondered where Ralf was of lately.  Glad to have you back. The voice of reason in the wilderness.

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 SheeplessInSeattle IsWokeAF
SheeplessInSeattle IsWokeAF
4 months ago
Thank you for your wisdom and hard work. You will go down in history as a true guide of a moral compass.

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 Linda Porter
Linda Porter
1 month ago
!!!!!  You are a priceless treasure, Ralph Nader.

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1irustim
1irustim
1 month ago
I think some of the Apple zombie consumers are to blame.

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 Kira Barsmith
Kira Barsmith
2 months ago
Welcome to inverted totalitarianism. Thank you, Ralph for being one of the last sane voices in this country.

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 StealieSteve
StealieSteve
1 month ago (edited)
I will never buy a Apple phone or pad.

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 StealieSteve
StealieSteve
1 month ago
Stock buyback should be a crime.

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 gtcstorm40
gtcstorm40
1 month ago
15 per hour is not a living wage in most states. It is a survival wage. The statistics on apartment rentals point to the need for 25 an hour in many states. By the time we get to 15 an hour the cost of living will have increased so much that it will be meaningless.

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 Steven Yourke
Steven Yourke
1 month ago
The Democrats will not run on a New Deal program because it would offend their corporate donors. These politicians - Democrats and Republican - are in the game to make money, that’s why they’re professional politicians. They are basically crooks. They don’t care about the public welfare at all. That’s why the Democratic Party rigged the nomination for Clinton despite the fact that all the polls showed Sanders to be a much stronger candidate against Trump. They would rather lose to Republicans than win by offending their corporate donors. They’re not going to give up their corporate donations under any circumstances. They’re all in it for the money. Politics is big business. Politicians are businessmen. That’s why we will never get real campaign finance reform.
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 MsLuath
MsLuath
4 months ago
Thank you for all you do Mr Nader.

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 Lawrence Carroll
Lawrence Carroll
1 month ago
Nader is a thoroughly honest, perceptive and sweet guy.  God — if he had become president!! What a beautiful world we would now have.

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 Arrbyy
Arrbyy
1 month ago
Capitalism, actually existing capitalism, can be described as mafia capitalism. (Vampire capitalism is good as well.) The point being that those who are pro capitalist and actually own capital won't be swayed by any arguments about the destruction of capitalism. It just doesn't mean anything. The capitalism we have is gangsterism, period. Those embracing it don't give a damn about the health of the economy or the health of the entire society.
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 jrb _sland
jrb _sland
1 month ago (edited)
.........................  1,000 =  one thousand
.................  1,000,000 =  one million
.........  1,000,000,000 =  one billion            Erroneous numerical graphics.
.  1,000,000,000,000 =  one trillion           Please do better proofreading.

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 pickard five
pickard five
4 months ago
Apples' access to markets is only possible via the public sectors socialist support and heavy lifting via military deployments and gunboat diplomacy for rare earth elements in worn torn countries/continents.

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 brahim119
brahim119
1 month ago
Behind every great fortune there is a crime Honoré de Balzac

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 Actcity Ottawa
Actcity Ottawa
3 months ago
Right on Ralph. In Canada many big companies like (Ikea, Walmart  and the Ontario Liquor Control Board) hire people for less than 30 hours a week , make them work 6 days a week, a vary the schedule from week to week. A people's government would make companies pay more benefits for less hours so that they would be motivated to hire people full time...Kman, DigileakCanada
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 Reiner Wilhelms-Tricarico
Reiner Wilhelms-Tricarico
1 month ago (edited)
Apple could actually do all of these things and still win big time: drastically improve the lives of their manufacturing workforce, clearly turn the page in recycling, etc. It’s actually hard to understand why they won’t do it and instead rely predominantly on propaganda and on market gimmicks such as stock buyback. But it’s actually straightforward to understand once you abandon the idea that stock markets are driven by rational decisions. It’s largely because the nonsense like buybacks  is supported by a large part of their stockholders, which includes the majority of their employees in USA and Europe. And they support it because they don’t see any harm in it, while it usually boosts the stock market value in the short term. If Apple would indeed spend those 2 or 20 billions, as Nader said, on these manufacturers and many other positive measures, Apple would probably gain even more in terms of stock price, even if dividends go down a little, because in the tech sector the main reason for holding their stock is not primarily dividends, but increasingly it’s about hype. The tech sector is competing about rapidity of “growth”. And if that can be done by hype, that’s what is done because hype is cheap. It’s also the reason they could never significantly reduce the price of their “flagship” products. Imo, it doesn’t really matter whether or not the iPhone is really the best phone there is or not. All that matters is the myth about it. Lower the price by 30 percent, and that myth is gone, even if it’s a great product. So is the market truly irrational? Not quite, the decisions by the real masters who hold most of the cards is based on very rational calculations about irrationality, which is rampant.
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