Rise of China
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- Started in 1978 with communism abandoned? [
- Manufacturing is that of Europe and US combined - [1]
Source: [2]
- Why not bring some of it back? Service economy vs manufacturing - why did USA favor service and high tech over manufacturing?
- How did we get to the rise of the end of growth in the USA? Factors:
- which sectors in the United States are seen as prestigious and which are not - solution: self-esteem to the Best and the Brightest.
- false beliefs about the strengths of U.S. manufacturing; - what are these?
- beliefs that a postindustrial future is both inevitable and desirable; - major anomie risk
- policy decisions that promoted diffusing technologies globally and not domestic industrial strength; - wtf, wtf?
- the DoD’s assumption that it would always have a robust industrial base to rely upon; - wherefrom the disconnect
- hubris and insularity dating from the period when the United States was the unchallenged leader in mass manufacturing; - Only the Paranoid Survive
- financial market pressures; and the ideological and methodological limitations of mainstream economics.