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Not an entirely honest appraisal of the dismantling of US manufacturing in the 80s. Big corporations didn’t reluctantly close down factories, hat in hand, beca
by hellotomyrars 3y ago
Not an entirely honest appraisal of the dismantling of US manufacturing in the 80s.
Big corporations didn’t reluctantly close down factories, hat in hand, because people weren’t buying their products. They moved the manufacturing offshores and people kept buying the products they always have.
- ako 3y agoYou can't blame the corporations, if they wouldn't have moved the manufacturing while the competition did, they wouldn't have been able to compete on price, and consumers would have bought the cheaper options.