4 ms·
The decline in American manufacturing happened alongside a decline in union membership in manufacturing. If unions were the causal factor, why do these trends c
by smallmancontrov 3y ago
The decline in American manufacturing happened alongside a decline in union membership in manufacturing. If unions were the causal factor, why do these trends coincide rather than oppose?
Alternative theory: Protectionism industrializes and trade liberalization deindustrializes. Alexander Hamilton's protectionist policies weren't just successful at industrializing the USA, he and his successors were correct as to why they were successful. The relatively recent shift to trade liberalization, by contrast, had the generally accepted effect of such policies on the industrial base. Of course, assets got pumped along the way and that's what really mattered to the people in charge.
- bluGill 3y agothe only cause here is higher wages make other countries more compelling. The not promoting is a problem but it isn't the cause of decline.
- lupire 3y agoTrade liberalization industrializes the world. Unions were gutted because the labor market grew beyond international borders, but the labor movement didn't (thanks to western capitalists making war on socialists.)