←back to thread

America underestimates the difficulty of bringing manufacturing back

(www.molsonhart.com)
842 points putzdown | 1 comments | 15 Apr 25 13:50 UTC | HN request time: 0s | source
Show context
shin_lao ◴[15 Apr 25 14:05 UTC] No.43692873[source]▶
Doesn't mean we shouldn't do it.
replies(4): >>43692887 #>>43692919 #>>43693003 #>>43693284 #
nathan_compton ◴[15 Apr 25 14:06 UTC] No.43692887[source]▶
Well, sure, but perhaps some kind of plan is warranted?
replies(3): >>43692899 #>>43693045 #>>43693636 #
throwawaymaths ◴[15 Apr 25 14:07 UTC] No.43692899[source]▶
Isn't the point of capitalism to not have a plan and let the market figure it out?
replies(10): >>43692933 #>>43692937 #>>43692943 #>>43692952 #>>43692956 #>>43693014 #>>43693063 #>>43693110 #>>43693581 #>>43694005 #
1. SideburnsOfDoom ◴[15 Apr 25 14:50 UTC] No.43693581{3}[source]▶
No, of course not. That's oversimplifying to the point of idiocy.

Markets do not mean that an Industrial strategy / Industrial policy is not needed.

Markets respond to incentives created by such a strategy.