3 ms·

How did we get here?

by momojo 1y ago

hn_acc1 1y ago
MBAs
triceratops 1y ago
Maybe https://en.wikipedia.org/wiki/Baumol_effect https://en.wikipedia.org/wiki/Baumol_effect?
toomuchtodo 1y ago
Globalization, financialization, prioritizing short term profits over long term systems. GE, Boeing, etc.
bsder 1y ago
1) Software can be remote Consequently, industrial employers don't have a local monopoly on jobs like they used to. Any industrial employer is competing against any remote position willing to pay above them. That generally isn't hard given how little the industrial employer is willing to pay. 2) Industrial locations generally suck and you have to be there in person Manufacturing generally needs space, and real estate prices are ridiculous. Consequently, manufacturing tends to be located in undesirable areas. That means long commutes or locating in sub-tier cities. 3) No penalty for outsourcing to foreign countries. This is what tariffs are supposed to be for. You slowly ratchet up tariffs until you get the result you need. The problem is that tariffs get politically captured by the oligarchs who use them to completely protect their stupidity (see: the big automakers in the US in the 1970s) until they get totally obliterated.
fuzztester 1y ago
Excessive US (and maybe some other countries') "MBA / bottomline / quarterly results / managing by numbers / grovelling to Wall Street analysts" mentality.
charlie90 1y ago
[flagged]
- Imustaskforhelp 1y ago
  Neither American nor chinese here. But you can read soo many comments here on why things are... But to say the least, saying that Chinese are stuck screwing your toys is such a weird and delusional moment when atleast to me, If given a option, There is so so much more to it but I am sure that you know that this statement is incomplete as well I would prefer BYD over tesla (tbh I would pick none and actually just use a electric scooter which is the most efficient way for a person to go from point A to point B for one person) I sense some serious delusion here. You haven't moved up if I can be honest. The billionaires have moved up. You seem to be mostly interested in chinese threads in HN and come strong with this opinion yet as others had already pointed out in your comment 6 months ago that maybe the solution is a lower cost of living and etc. , it seems that you don't respond to them. I am just out of words.
  - IAmBroom 1y ago
    OK, here's some more words: American Exceptionalism phallacy, racism, ignorance of the training superiority and greater size of the technicial-level worker force in Asian countries (last time I checked).
    - Imustaskforhelp 1y ago
      I wasn't out of words even though I said that. I was so overwhelmed on where to start and where to end. I didn't want to write a 100 line paragraph or a whole book in HN comments as I know that I suffer from an undiagnosed case of as what the internet slang calls "yapping" (I love to yap lol) But still loved your comment and i am sure that there are so many things more but I love its concise-ness as I would've written 100 words for each of these and still can but I just didn't want to waste my energy and would've felt "ragebaited" I've chalked the author as quite frankly not doing a debate in good faith and I can't help but think about the message that graham platner recently shared as that was another concise thing that I just want to share. TLDR: Everyone is more similar than different. But we infight and sometimes self sabotage in the process as well if I might add. https://www.youtube.com/watch?v=U8Y99E2veyA https://www.youtube.com/watch?v=U8Y99E2veyA (Optional personal opinion but I love this guy and his philosophy a lot, US please don't mess up this time again and I know some of you might be feeling hopeless from both parties but please look more into this guy He wants to make elections have less lobbying to finally make them fair once and for all, as it should be, and I genuinely want someone like him for my country as well)

How did we get here?

by momojo 1y ago

How did we get here?

hn_acc1 1y ago

MBAs

triceratops 1y ago

Maybe https://en.wikipedia.org/wiki/Baumol_effect https://en.wikipedia.org/wiki/Baumol_effect?

toomuchtodo 1y ago

Globalization, financialization, prioritizing short term profits over long term systems. GE, Boeing, etc.

bsder 1y ago

1) Software can be remote Consequently, industrial employers don't have a local monopoly on jobs like they used to. Any industrial employer is competing against any remote position willing to pay above them. That generally isn't hard given how little the industrial employer is willing to pay. 2) Industrial locations generally suck and you have to be there in person Manufacturing generally needs space, and real estate prices are ridiculous. Consequently, manufacturing tends to be located in undesirable areas. That means long commutes or locating in sub-tier cities. 3) No penalty for outsourcing to foreign countries. This is what tariffs are supposed to be for. You slowly ratchet up tariffs until you get the result you need. The problem is that tariffs get politically captured by the oligarchs who use them to completely protect their stupidity (see: the big automakers in the US in the 1970s) until they get totally obliterated.

fuzztester 1y ago

Excessive US (and maybe some other countries') "MBA / bottomline / quarterly results / managing by numbers / grovelling to Wall Street analysts" mentality.

charlie90 1y ago

[flagged]

Imustaskforhelp 1y ago
Neither American nor chinese here. But you can read soo many comments here on why things are... But to say the least, saying that Chinese are stuck screwing your toys is such a weird and delusional moment when atleast to me, If given a option, There is so so much more to it but I am sure that you know that this statement is incomplete as well I would prefer BYD over tesla (tbh I would pick none and actually just use a electric scooter which is the most efficient way for a person to go from point A to point B for one person) I sense some serious delusion here. You haven't moved up if I can be honest. The billionaires have moved up. You seem to be mostly interested in chinese threads in HN and come strong with this opinion yet as others had already pointed out in your comment 6 months ago that maybe the solution is a lower cost of living and etc. , it seems that you don't respond to them. I am just out of words.
- IAmBroom 1y ago
  OK, here's some more words: American Exceptionalism phallacy, racism, ignorance of the training superiority and greater size of the technicial-level worker force in Asian countries (last time I checked).
  - Imustaskforhelp 1y ago
    I wasn't out of words even though I said that. I was so overwhelmed on where to start and where to end. I didn't want to write a 100 line paragraph or a whole book in HN comments as I know that I suffer from an undiagnosed case of as what the internet slang calls "yapping" (I love to yap lol) But still loved your comment and i am sure that there are so many things more but I love its concise-ness as I would've written 100 words for each of these and still can but I just didn't want to waste my energy and would've felt "ragebaited" I've chalked the author as quite frankly not doing a debate in good faith and I can't help but think about the message that graham platner recently shared as that was another concise thing that I just want to share. TLDR: Everyone is more similar than different. But we infight and sometimes self sabotage in the process as well if I might add. https://www.youtube.com/watch?v=U8Y99E2veyA https://www.youtube.com/watch?v=U8Y99E2veyA (Optional personal opinion but I love this guy and his philosophy a lot, US please don't mess up this time again and I know some of you might be feeling hopeless from both parties but please look more into this guy He wants to make elections have less lobbying to finally make them fair once and for all, as it should be, and I genuinely want someone like him for my country as well)