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388 sats \ 4 replies \ @kepford 13 Apr \ on: "Americans would be better off working in a factory" vs "I would" econ
I'd love to see comparisons of those that actually HAVE worked in a factory. I did for several years in different ones in different roles on lines and working for a contractor company that set up assembly lines.
Statements like this are dumb IMO. Overly broad. Some people would love a good paying job of any type. Others like me would lose their minds. How bout we let the market figure it out.
Its annoying to me when Republicans act like central planning commies.
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Chinas economic success is due to the balance between central planning, regulation and direction of capital flows and the underlying culture of enterprise and wealth accumulation within Chinese culture being unleashed.
Successful economies always rely upon the successful combination of market forces and government guidance, regulation and strategic planning.
There is a culture of engineering in modern China that enables it to be the dominant global manufacturing economy that all other economies are now more or less dependent upon for manufactured goods and sale of commodities.
Without China strong regulation and sanctioning of anti competitive behaviour it would not have achieved the growth and market leverage it now has.
Only a government has the motive and power to advance the overall best interests of the nation state economy.
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I worked in one for many years as an engineer. Granted, I did mostly design work, but I had a great time automating some of our more tedious manual processes. Creating custom tools for the technicians and the real time feedback of improving designs for manufacturability was rewarding as well.
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