Yellow cows: scalpers and the gray market

This week on Conflicted, Thomas Small is joined by Patrick McGee, technology reporter and author of the phenomenal new book, Apple in China. Patrick provides an exclusive look at how Apple, in its relentless pursuit of operational excellence, drove a unique form of globalization that profoundly reshaped the economic and geopolitical world.

Thomas and Patrick dissect the story of Apple's pivot from near-bankruptcy to becoming a global superpower, focusing on the often-overlooked genius of CEO Tim Cook - the operations mastermind who built a manufacturing model that, while pioneering, effectively hollowed out US industrial capacity. They explore the critical role of Taiwan’s Foxconn and its founder, Terry Gou, who understood that Apple’s demanding processes were not exploitation, but a unique, fast-track training program that turned China into an advanced manufacturing powerhouse. The conversation follows the narrative from production to consumption, revealing the chaos and extraordinary demand of the Chinese retail market, the political awakening of the company under Xi Jinping's rising power, and the ultimate irony: Apple, the champion of individual liberty, forging a $275 billion partnership with America's foremost geopolitical rival. The episode is a must-listen for understanding the true forces that built the 21st-century global economy.

You can find Patrick @patrickmcgee_

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