It’s not just about labor. It’s about entire supply chains. It’s not exactly trivial to pack up and move everything. And it’s ultimately good for a global economy to have regions that specialize in specific kinds of manufacturing, it’s not necessary for the US to try and make everything domestic just for the sake of being domestic.
I’m also not sure what you mean by “move on”, do you think manfuacturing is somehow ephemeral?
All you’re saying it’s complex and that it will take time. Americans put a man on the moon, they’re a resourceful bunch. Some got pretty lazy though.
I don’t think people in Asia are different from others and will likely be interested in pivoting their economies to be less dependent on a single thing. China already started so things moved to Vietnam, Indonesia etc. which for now are cheaper. Eventually „the west” is going to run out of places to outsource dirty work to. Colonialism is visibly losing steam, hence the rise of fascism which is just colonialism pointed inwards.
Why? Do you mean the only viable model is to outsource cheap labour to Asia forever? People over there will move on eventually.
It’s not just about labor. It’s about entire supply chains. It’s not exactly trivial to pack up and move everything. And it’s ultimately good for a global economy to have regions that specialize in specific kinds of manufacturing, it’s not necessary for the US to try and make everything domestic just for the sake of being domestic.
I’m also not sure what you mean by “move on”, do you think manfuacturing is somehow ephemeral?
All you’re saying it’s complex and that it will take time. Americans put a man on the moon, they’re a resourceful bunch. Some got pretty lazy though.
I don’t think people in Asia are different from others and will likely be interested in pivoting their economies to be less dependent on a single thing. China already started so things moved to Vietnam, Indonesia etc. which for now are cheaper. Eventually „the west” is going to run out of places to outsource dirty work to. Colonialism is visibly losing steam, hence the rise of fascism which is just colonialism pointed inwards.