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Shipping containers were standardized between 1968-1970. A device that enables efficient outsourcing to cheaper labor is a likely reason for labor wages stagna
by decker 6y ago
Shipping containers were standardized between 1968-1970. A device that enables efficient outsourcing to cheaper labor is a likely reason for labor wages stagnating while overall productivity rises.
https://en.wikipedia.org/wiki/Intermodal_container#History https://en.wikipedia.org/wiki/Intermodal_container#History
- lasagnaphil 6y agoOr if you reverse the cause and effect, the demand for global free trade (which is more about neoliberal politics than technology) might has created the need for standardized shipping containers.