3 ms·

What do you mean by "good"? Quality, versatility, speed, price?

• Dalewyn 3y ago
  Price: Cost of labor is still orders of magnitudes cheaper in China. Quality: The west has the better part of a century's worth of catching up to do in know-how. Speed: See above. Also tighter government regulations, for better or worse. Versatility: See above. As it turns out, dumping domestic manufacturing capability didn't come without significant costs.
  • ajmurmann 3y ago
    This seems largely true. I do wonder about "The west has the better part of a century's worth of catching up to do in know-how.". Does this truly extend to the West? Manufacturing in Germany seems alive and very healthy for more advanced products. Not sure about other European countries. I also understand that Mexico actually is very good for high value-add manufacturing.
• corethree 3y ago
  The intersection of all three. The overall metric. Obviously if we make everything expensive and take 3x longer we can do better in the quality category. But attempting to move at the same speed will make us do things at a lower quality and/or higher price. Also we likely don't even have the ability to move as fast as china.