Rise of China
- 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 - see source from American Affairs [3]:
- 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.
Notes
- In young industry such as cars in China, policy was ruthless competition within China, but tariffs to outsiders as China develops. This still follows the scarcity model, which could be better if open source enlightenment were implemented. How? Only way is True Cost Accounting
Conclusion
In a collaborative nature, the best way to help China out of its current stagnation/overproduction is to make! Not in China, so China is forced to stabilize its economy by developing a robust service sector. This is apprently politically doomed at present, as the commies (who own industry) will not want to give up their power. The only solution is enlightenment for all.
