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> Short term profit at the expense of everything else. At some point there will be a reckoning on all the damage this cult has done to society, but I don't expe

> Short term profit at the expense of everything else. At some point there will be a reckoning on all the damage this cult has done to society, but I don't expect it to happen any time soon. I can't see how, the same people pushing for WTO/NAFTA are those who profited immensely from outsourcing in the 80s-90s are now the same one who likely stand to benefit the most from either supply chain disruptions, and war. The truth is that JD is just another monopoly ([0] over 50% market share of tractors) that represents the underlying aspects of crony capitalism writ large. This is just another example how the mantra that 'tech should be in everything' needs to die, and how pervasive these horrible practices can become for the small sector of humans (less than 1% of the Human population feeds the other 99%) who grow the food everyone eats. MBAs making supply chains inherently fragile and over who valued BS things like JIT are just reflecting what is most rewarded in the corpo culture: quick profits are the way to get fat bonuses and stock options in order to bail out when even the slightest hint of head-winds occur. This is just a symptom, not the cause and a reason why US manufacturing will likely take some time before it can get off it's addiction to the garbage made in China. 0: https://www.economicliberties.us/our-work/cheat-to-win-the-john-deere-story/# https://www.economicliberties.us/our-work/cheat-to-win-the-j...

lotsofpulp 4y ago
> MBAs making supply chains inherently fragile and over who valued BS things like JIT are just reflecting what is most rewarded in the corpo culture: Also reflected in what is most rewarded by consumers: lower prices. No business was ever going to thrive selling US manufactured goods at a significant price premium compared to non US manufactured goods.
- i_am_proteus 4y ago
  Hoss, ask yer mechanic if his wrenches are Snap On or Harbor Freight.
  - lotsofpulp 4y ago
    >a significant price premium Obviously paying the premium for Snap-On over harbor freight is worth it, for some people. Harbor Freight still makes the most sense for a huge portion of the market, reducing the market for US made tools. Whatever the result, it will be visible in what succeeds in the market over the long term.
    - i_am_proteus 4y ago
      Yes, and Snap On is nonetheless thriving, selling US-manufactured goods at a significant price premium compared to cheap imports.
- mikrotikker 4y ago
  I dunno I'm currently trying to boycott Chinese made goods, regardless the cost. I'm in the position to be able to do that but so are many others. It's like they're targeting the lowest common denominator. It's a self fulfilling prophecy right? If the manufacturing was internal to the US say, theres more jobs hence better economy hence people are able too afford those locally prepared goods. That probably requires a united front against outsourcing though. It's almost as if globalism breeds poverty, and is just a way for megacorps to milk us of our cash. Totally removed from any kind of social responsibility. They sure love to change their logos to a rainbow and call that social responsibility though. Like Nike shipping you a keychain of all the micro plastics produced during the manufacturing of those shoes you just bought as if making you deal with their waste is environmental responsibility.
  - lotsofpulp 4y ago
    >It's almost as if globalism breeds poverty, and is just a way for megacorps to milk us of our cash. Or it is arbitraging labor prices across different markets and lifting up others. Or it is also arbitraging environmental regulations and taking advantage of more corrupt/inept societies. Or it is also arbitraging better efficiencies in a more appropriately regulated economy, rather than an under or over regulated economy.
  - kwhitefoot 4y ago
    > trying to boycott Chinese made goods, regardless the cost. I'm in the position to be able to do that Really? Did you post your comment by carrier pigeon?
    - revolvingocelot 4y ago
      I think the "wherever possible" is implied. Where does this kind of cheap-shot snark end? Shall we next post the We Should Improve Society Somewhat comic? ...besides, maybe they're posting from one of those Raspberry Pi Model Bs that were fabbed in the UK.
      - kwhitefoot 4y ago

lotsofpulp 4y ago

> MBAs making supply chains inherently fragile and over who valued BS things like JIT are just reflecting what is most rewarded in the corpo culture: Also reflected in what is most rewarded by consumers: lower prices. No business was ever going to thrive selling US manufactured goods at a significant price premium compared to non US manufactured goods.

i_am_proteus 4y ago
Hoss, ask yer mechanic if his wrenches are Snap On or Harbor Freight.
- lotsofpulp 4y ago
  >a significant price premium Obviously paying the premium for Snap-On over harbor freight is worth it, for some people. Harbor Freight still makes the most sense for a huge portion of the market, reducing the market for US made tools. Whatever the result, it will be visible in what succeeds in the market over the long term.
  - i_am_proteus 4y ago
    Yes, and Snap On is nonetheless thriving, selling US-manufactured goods at a significant price premium compared to cheap imports.
mikrotikker 4y ago
I dunno I'm currently trying to boycott Chinese made goods, regardless the cost. I'm in the position to be able to do that but so are many others. It's like they're targeting the lowest common denominator. It's a self fulfilling prophecy right? If the manufacturing was internal to the US say, theres more jobs hence better economy hence people are able too afford those locally prepared goods. That probably requires a united front against outsourcing though. It's almost as if globalism breeds poverty, and is just a way for megacorps to milk us of our cash. Totally removed from any kind of social responsibility. They sure love to change their logos to a rainbow and call that social responsibility though. Like Nike shipping you a keychain of all the micro plastics produced during the manufacturing of those shoes you just bought as if making you deal with their waste is environmental responsibility.
- lotsofpulp 4y ago
  >It's almost as if globalism breeds poverty, and is just a way for megacorps to milk us of our cash. Or it is arbitraging labor prices across different markets and lifting up others. Or it is also arbitraging environmental regulations and taking advantage of more corrupt/inept societies. Or it is also arbitraging better efficiencies in a more appropriately regulated economy, rather than an under or over regulated economy.
- kwhitefoot 4y ago
  > trying to boycott Chinese made goods, regardless the cost. I'm in the position to be able to do that Really? Did you post your comment by carrier pigeon?
  - revolvingocelot 4y ago
    I think the "wherever possible" is implied. Where does this kind of cheap-shot snark end? Shall we next post the We Should Improve Society Somewhat comic? ...besides, maybe they're posting from one of those Raspberry Pi Model Bs that were fabbed in the UK.
    - kwhitefoot 4y ago