Slant 8-15-2013
• Phil Knight and Nike are hot topics following revelations about the absurd opulence of the new football facilities at UO. Letters are pouring in to local papers, but we don’t hear much about where Knight’s billions came from. Nike’s business model is quite simple, and Uncle Phil has been brilliant at monetizing it: Contract with factories in the poorest parts of Southeast Asia to manufacture high-end shoes and other apparel and threaten or cajole governments to allow those factories to pay workers less than minimum wages. Continue reading