Darth it's a tough issue. Like I said, I don't know if this applies to the 360, I haven't heard anything about how they treat or pay their workers.
But no country can be economically islolated. It's a recipe for negative growth and disaster. We are in a globalized economy, and that means that some of the prodiucts we use will rely, in part or in whole, on foriegn labor. Part of the issue is that our standards of living in the U.S. are extremely high, and maintaining them requires both high quality products and high wages. In order to keep prices at a tolerable level, it's practically impossible to maintain those high wages and keep lower prices. If your labor is also your consumer, how do you make a profit? Hell, people already complain that $400 is a lot for a 360, what if it ere $800 or $1000 or more because the manufacturer has to pay high U.S. wages?
The U.S. is icnreasingly becoming an employer of service labor rather than production labor simply because it's difficult to outsource service to places where labor is cheap. It's hard to send production of pizzas at the corner shop to India.
On the other hand, you could look at the ways businesses are running things. The U.S. has the highest CEO-worker wage rate gap in the world. The average CEO:laborer wage is over 400:1 in the U.S. In Japan, for example, it's under 50:1. Look at it this way, it seems like either wages are artificiallay low or prices are artificially high. Of course mentioning this at all will make some people plug their ears and scream "class warfare!" at you.
It's an extremely, extremely complex subject and it's very difficult to just say that one practice is wrong or right. We enjoy low prices on a variety of products because of the low wages companies can pay to foriegn workers. If all foriegn labor were paid U.S. rates, we'd be paying many times what we now pay for simple products, like clothes. That t-shirt at Wal-Mart for $5? Try $50. Electronics prices would be through the roof. In a way, we're very spoiled by this wage inequality. It's hard to say what's "right", but there are minimum standards. I don't think being paid a U.S. wage is necessarily part of those standards, but I could probably be convinced.