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These companies are making a bank out of planned obsolescence, and they can do so because their workers are cheap.
In a throwaway culture, you do not want to be a generic factory worker, because your time and efforts will be worth almost nothing.
It doesn’t have to be this way, but cheap labor from places like China has enabled this culture. If you don’t want to be a slave, you have to change that culture.
Edit: As others have said, certain classes of people will be exempt from having to work in factories in his mind. It’s not this bastard’s children or grandchildren he is referring to of course.