Max Hobrough Chapter 6, Question 6

In Chapter 6 Charles Wheelin talks about how the economy and how it has been shaped to fit our needs and the global needs in the current time. There is the whole issue if income equality and why people like bill gates can buy 100 million dollar homes and other people sleep in boxes. This is just a matter of the fact that bill gates has a special and rare talents that helped him to do things he has done and make all of the money. Generally speaking if you have a skill set that is very uncommon and useful odds are that you are going to not go unemployed, but land a good job and be successful. Because of this there is one small part that stuck out to me not just because it was dealing with Nike and building planes, rather that people always criticize how wrong these sweatshops are. We briefly talked about this in class and I realized that these sweatshops are a lot better than what they could be doing. There is actually competition in the sweatshops just like other markets on who can make the good for the cheapest price. This goes back to the point where their skill set is not desired because millions of people can make Nike shoes in a factory and not millions of people can create computer software. This all dwindles down to the simple fact that a worker with a high skill set is not going to be working in a sweatshop they are going to be more desired and obviously become more wealthy because of what they have to offer.