China just took actions that will raise the price that tens of millions of people around the world pay for software. This will reduce their income and depress demand for other products. The WSJ reported on the Chinese government's crackdown on a factory producing unauthorized copies of software, but neglected to mention the impact on consumers and the economy.
--Dean Baker
The American Prospect depends on reader support
If you are scraping by right now, please don’t give us anything. But if you have the ability to support independent, non-profit journalism, we are so grateful. Your voluntary contribution helps keep this website paywall-free. You can sign up as a subscriber with a range of benefits, including an opt-in to receive the print magazine by mail.
