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I think this is admirable, but probably hopeless. Permitting and regulations draw out timelines (and increase uncertainty/risk), reducing returns on investment
by nickff 2y ago
I think this is admirable, but probably hopeless. Permitting and regulations draw out timelines (and increase uncertainty/risk), reducing returns on investment, while tax policy makes capital investment very expensive. The global North is has enacted many deterrents to manufacturing, and doesn’t seem very interested in lowering any of them.
The reason that software and services have prospered while manufacturing has stagnated is not marketing, its incentive structure.