* Becoming unproductive from the 1970s. The difference is one of velocity rather than location. If we're talking "global manufacturing excellence" the trends ha

* Becoming unproductive from the 1970s. The difference is one of velocity rather than location. If we're talking "global manufacturing excellence" the trends have been favouring Asia for a while. See also https://wtfhappenedin1971.com/ https://wtfhappenedin1971.com/ where a bunch of important changes are showcased. Modern management styles that aren't good make a lot of sense sense when considering a lot of those graphs. Financial shenanigans have a lot more payoff than manufacturing, and manufacturing gets harder as the energy squeeze happens.