3 ms·
people failed to realize while still in time that the outsourcing of manufacturing would have destroyed the production chain of all related goods. even if one
by LoSboccacc 11y ago
people failed to realize while still in time that the outsourcing of manufacturing would have destroyed the production chain of all related goods.
even if one were to reduce labor costs to china level, china has the infrastructure (technological and industrial) to build things and the countries that were abandoned 20 years ago do not, not anymore and not at the level they have.
it is not about, say, producing mobile phones or cars, it's about the steel and plastic they need. and at least all around my area all refineries and mills are long gone. even if we drive down labor prices, china is now technically more advanced than us and at a scale we would never reach.
- oconnor663 11y agoContext for this argument: The US is still the largest manufacturer of goods in the world. But the number of people in the US involved in manufacturing has declined.