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You haven't seen any european factories did you? They are proper high-tech in comparison to your average chinese one. What people might not realise that manufa
by helij 5y ago
You haven't seen any european factories did you? They are proper high-tech in comparison to your average chinese one.
What people might not realise that manufacturing is still going on in Europe and US. It's just that less people are working in factories. Output is 'more' than in decades before. Automation and all that.
- twelve40 5y ago> less people are working i think that's kind of his point
- helij 5y agoNot in this case though as unemployment in the last decade is at its lowest in developed world.
- RestlessMind 5y agoLot of that employment is under-employment like Uber/Doordash/Instacart contractors and nowhere close to well-paying manufacturing jobs of the prior generation