My grandfather worked in a metal shop for 30 years after he served in Korea. I remember him telling me they switched to Chinese made steel in the 70s because of the quality problems they were having with American made steel. Being out West, they were somewhat more free from the political/social/union pressure to use American commodities.
The paradox of rights(don't quote me, i just made this up). In wealthier societies, demands for greater worker rights from the government increase. This can lead to more bureaucracy and higher labor costs, potentially making third-world countries with lower regulations more attractive for importing goods or outsourcing production. Countries already operates in a libertarian interaction with each others. I find these…
"No inventions; no innovations" A History of US Steel
141–150 of 249 posts
Re: "No inventions; no innovations" A History of US Steel
#142Wasn't US Steel who commissioned the books from a SciFi illustrator to ensure that lots of reference drawing illustrations would have steel in the future and got these books for free available to anyone who called, and they ended up getting famous in the film industry so people ended up always designing futuristic movies with things made of steel like ships and vehicles?
Makes me wonder who supplies the stainless steel used for the starships and cybertrucks. US steel might just turned out to be prescient.
Re: "No inventions; no innovations" A History of US Steel
#143Earlier quoted context omitted.
Which war did the US win post WW2? Afaict they all ended in stalemates and eventual retreat (Korea,Iraq,Vietnam,Afghanistan,..)
This all depends on victory conditions. The U.S. "won" Korea, Iraq, Vietnam, and Afghanistan in the same sense that they "won" WW2 - those countries were bombed back into the stone age and the existing governments fell. But WW2 was fought as the U.S. was an ascendant (but not dominant) power among a number of peer rivals, and the U.S. was not the aggressor. It felt like a victory, because we emerged as the dominant p…
I feel you're overlooking the critical fact that after the allies won WW2, Nazis didn't control Germany.
Whereas the Taliban remains in control of Afghanistan. To describe that as a US win doesn't really seem accurate.
The US did print a big 'Mission Accomplished' banner though, so I agree the folks who started the war do claim it was a victory.
Re: "No inventions; no innovations" A History of US Steel
#144Something like 70% of US steel production is now from scrap. Part of this was moderation of growth. In steady state, nearly all steel could come from scrap (limited by contaminants, I guess.) I expect aluminum to displace more steel in the future. Witness what's happening with "gigacasting" at Tesla and elsewhere.
Re: "No inventions; no innovations" A History of US Steel
#145Earlier quoted context omitted.
Which war did the US win post WW2? Afaict they all ended in stalemates and eventual retreat (Korea,Iraq,Vietnam,Afghanistan,..)
Technically, the US hasn't fought any wars since WWII -- as a declaration of war is a Congressional function. All of the other things people think of or refer to wars were technically "conflicts".
Re: "No inventions; no innovations" A History of US Steel
#146Earlier quoted context omitted.
I don't think any other country considers any of those cases to be wins ... Perhaps maybe wars in Iraq or Jugoslavia. I think eventual loss in Ukraine will be last nail in the coffin of US military reputation.
The US isn’t fighting in Ukraine so that’d be a strange result. Especially since our surplus weapons with novice operators have laid waste to the invasion force of what was considered to be the 2nd or 3rd strongest army on the planet..
I'll grant that for the Bradley, but Patriot batteries are in rather short supply.
Re: "No inventions; no innovations" A History of US Steel
#147One of the ideas that seems to be missed from the study of history and economy, was the effect on the total destruction of the Japanese and German industrial base - during WWII. Britain and USA, were left with their archaic industrial systems. After WWII, the Japanese and the German steel industry had to be completely reborn. (At the cost of primarily USA financing.) Those two countries had no more relics of the past…
Re: "No inventions; no innovations" A History of US Steel
#148Earlier quoted context omitted.
See the movie "The Mouse That Roared". Having seen the results of Germany and Japan being bombed and rebuilt by the US, a small fictional country comes up with the brilliant development plan of intentionally starting and losing a war with the US. Spoiler alert: they end up having to deal with the tragedy of accidentally winning the war. As I recall, part of it was they just assumed their generals would lose, so the g…
Maybe someone can clarify this to me: wasn’t US help essentially given as a loan that would carry interest and repayments? Or was it given for free with the agreement that they would follow a US-inspired democratic system and be allies (and in exchange of trade agreements)? Were military bases in those countries given as a repayment, perhaps in addition to repaying the loans? But even then, isn’t the US paying rent f…
Europe deciding to light itself on fire twice in the last century is the best thing that ever happened to America.
Re: "No inventions; no innovations" A History of US Steel
#149Reminiscent of the business school joke - What does US Steel make? The answer is not "steel", but "money", that being the point of any company.
Re: "No inventions; no innovations" A History of US Steel
#150Earlier quoted context omitted.
The US picks extremely difficult battles to fight in a way its citizens deem acceptable, and they aren't wars of conquest. Those factors are going to make it very hard to point at a simple winner.
All the wars mentioned have ckear, internationally acknowledged winners and loosers as well as treaties. Vietnam ended in US defeat, and French defeat before that. Afghanistan ended with US / NATO defeat and the Taliban taking over the country. The Korean War isn't over yet technically, all we have there is a cease fire. Stalemate, nobody surrendered. The US won the second Gulf War, Panama and some smaller stuff I am…