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How the UK lost its shipbuilding industry

construction-physics.com

161–170 of 531 posts

Re: How the UK lost its shipbuilding industry

#161
post #2

The best time to try and fix this is 20 or 30 years ago, but absent a time machine, the next best time is now. Either you feel this kind of construction process is national-strategic and you ignore the cost over imports, or not. If you don't regard this as a core competency which should be kept in the national register, then sure, buy the ships from other places. But, don't come whining when the national-strategic in…

>Right now, we're very far from Autarky and we're far too close to total dependency. The biggest problem with this thinking is that nationally mandated production is fundamentally unable to reduce dependency because national economic policy cannot increase aggregate output . That's to say when you politically prioritize to build ships the question always is what you aren't building instead, because all allocation con…

>comparative advantage

Makes a lot of sense in textbooks. But in the real world, when politics is involved, the whole theory breaks down. What does your text book say about China holding rare earths hostage in regard of comparative advantage?

Re: How the UK lost its shipbuilding industry

#162
post #138

Same reason it got out of every other industry. It wasn't short-term profitable. After the 70s at least everything began moving to the private sector and there was no strategic thinking. This completed in the 90s and there was no reason for anyone to think that semi-conductors, minerals, even oil and gas now shouldn't be bought from a friend rather than being produced internally.

It's almost as if Europe entirely gave up sometime in the 70s. People used to have vision for the next 50+ years, now they care about the next 3-5 years because they know they'll bounce to another position. That's why everything is seemingly slowly crumbling away (healthcare, industries, culture, education), we're putting bandaids here and there to maintain the illusion but I think everyone can tell the general trend

" People used to have vision for the next 50+ years, now they care about the next 3-5 years "

This sounds like a modern version of Golden Age nostalgia. First, I am not at all sure that people had longer visions; some probably did, but the entire nations? Not so sure.

Second, there is a certain wisdom in accepting that you don't know how the world will look in 50+ years. 50 years ago, China was an extremely impoverished country that no one would take seriously as a competitor for global influence, Iran was US-friendly and the USSR was on the peak of its power.

Re: How the UK lost its shipbuilding industry

#163

Earlier quoted context omitted.

I'm of the opinion that things like shipbuilding don't really matter in times of war for countries with nuclear weapons. There would be dire consequences for anyone invading and/or blockading a nuclear armed country. A lot of people seem to yearn for the "good old days" where we built giant, tangible things that did cool stuff. That's fine, but the "national security" arguments ring hollow as you're basically saying…

Having nuclear weapons does not give you immunity to all threats. Quite recently we had a case of nuclear state being partially occupied by a state without nuclear weapons. And even in that case use of nuclear weapons would be unacceptable escalation and they used regular army to (mostly) kick them out and carry on with their earlier invasion on other parts of the front. (I am speaking about Kursk if anyone is confus…

People like to imagine a big obvious threat that you respond to in kind, but what about a gradual creeping encroachment aka salami tactics?

Classic scene from "Yes, Prime Minister": https://youtu.be/yg-UqIIvang

Re: How the UK lost its shipbuilding industry

#164

Earlier quoted context omitted.

If you google "reversion to the mean" or "regression to the mean" you'll see a more general definition.

Makes no sense in economics, the whole history since industrialization is that the economy gets bigger and bigger, both in absolute terms and per capita.

What makes no sense is infinite growth and the "west" is starting to find out

Re: How the UK lost its shipbuilding industry

#165
post #57

There's a presumption that it would be beneficial to return mid-20th century manufacturing economies. If you look at economic output and productivity, and quality of life for labor (physical labor, especially repetitive physical labor, is hard to do for decades), we want to move forward and we did. We want to plan for a mid-21st century economy. The problem is a small group seizing the benefits for themselves.

The US (and maybe the EU) are currently in the process of destroying their knowledge-based economy in the pursuit of dust manufacturing. The reason China is willing to negotiating with the US or the EU is because of massive leverages these countries have when it comes to the monopoly of the knowledge and information economy. If China could turn on a switch and become independent, they'd do it. They can't and it's interesting that the US/EU are not happy with this superior status quo and would rather return to a pre-1900 world where they are the sole center of the world.

It's not going to work, in my opinion; and it's going to end with them having neither. You being downvoted shows that this is not the opinion of the elite only but everyone is onboard the insanity train.

Re: How the UK lost its shipbuilding industry

#166
post #138

Same reason it got out of every other industry. It wasn't short-term profitable. After the 70s at least everything began moving to the private sector and there was no strategic thinking. This completed in the 90s and there was no reason for anyone to think that semi-conductors, minerals, even oil and gas now shouldn't be bought from a friend rather than being produced internally.

It's almost as if Europe entirely gave up sometime in the 70s. People used to have vision for the next 50+ years, now they care about the next 3-5 years because they know they'll bounce to another position. That's why everything is seemingly slowly crumbling away (healthcare, industries, culture, education), we're putting bandaids here and there to maintain the illusion but I think everyone can tell the general trend

I always got the feeling as a child that I was growing up in the ruins of a once strong nation. I thought it was because my city (Coventry) was devastated after world-war-2 (the blitz: https://en.wikipedia.org/wiki/Coventry_Blitz), the collapse of the British car industry (which, primarily affected Coventry) and then the closing of the coal mines leading to lower income tax money to the council for roads and things.

However I just returned last night from a trip to London (I live in Sweden now) and I have to say, the decline is precipitous and pronounced, London gets all the investment so if it's decaying this way then I shudder to think about the rest of the nation.

I think a lot of people outside the UK believe that because the UK had an empire that everybody was rich. This is decidedly not the case, the first people the British elite subjugated was the British themselves, that's why most of the food we're mocked about is so bland: it's poverty food, so when I say that it feels like a decline, please keep it within the context that most of us have our entire family tree in the underclass - not because we were once rich.

Most infrastructure has not been invested in during my lifetime, and it was old when I was a child.

Re: How the UK lost its shipbuilding industry

#167
General economic defeatism in this, and similar discussions, is staggering. Historically, many countries were suffering from various forms of economic malaise and managed to pull trough. Countries that lacked almost any form of industry have become powerhouses.

South Korea is a good example. The previous century hasn't been kind to Korea in general. By the 50s, the southern part of peninsula was generally less industrialized than the north, and recovering from horribly destructive war. Threat of another invasion from the north never went away.

And yet, successive governments have turned things around, and turned South Korea into advanced, functional, industrialized country. It has problems with aging population, but who hasn't?

West Germany in the second half of 20th century is another example. Devastated by war, occupied, mistrusted by neighbors, reliant on imported labor. And yet it put itself together. Lately it hasn't been doing so well, but for decades it was a model of prosperity.

Stories like this are abundant. Unfortunately, it takes a significant amount of political courage. Politicians must be willing to withstand short term pain, and plan for the future. They must focus on long term prosperity, not on immediate popularity boosts.

Everyone here, I believe, agrees that the way things have been going is unsustainable and incredibly damaging to the very people it's meant to benefit. It can be fixed, it will take time, but it can be. Because it happened before.

Re: How the UK lost its shipbuilding industry

#168

Earlier quoted context omitted.

It's almost as if Europe entirely gave up sometime in the 70s. People used to have vision for the next 50+ years, now they care about the next 3-5 years because they know they'll bounce to another position. That's why everything is seemingly slowly crumbling away (healthcare, industries, culture, education), we're putting bandaids here and there to maintain the illusion but I think everyone can tell the general trend

" People used to have vision for the next 50+ years, now they care about the next 3-5 years " This sounds like a modern version of Golden Age nostalgia. First, I am not at all sure that people had longer visions; some probably did, but the entire nations? Not so sure. Second, there is a certain wisdom in accepting that you don't know how the world will look in 50+ years. 50 years ago, China was an extremely impoveris…

It's not really nostalgia, when 95% of infrastructure was constructed in the 70's and not maintained (something you see a lot in the UK outside of the south-east) you can feel this; https://en.wikipedia.org/wiki/Post-war_consensus

Re: How the UK lost its shipbuilding industry

#169
I think let's not forget that at the start of the period they mention, the UK (and British Empire) as a share of world GDP was larger than the US is today. It was clearly never going to be able to sustain that position.

Let's also not forget that the country effectively bankrupted itself during WWII. Investment from the Marshall Plan was basically used to prop up the currency which ultimately failed. There were 'balance of payments' crises well through into the 1970s when Bretton Woods collapsed.

Re: How the UK lost its shipbuilding industry

#170

This is called mean reversion in history. The UK and Japan are small island countries. They lack the resources and manpower to sustain long-term industrial prosperity. Everything they have is temporary. In the end these industries flow to large nations with vast resources and large pools of technical talent. It used to be the United States. Now it is China absorbing Japan and Korea. This applies not only to shipbuild…

Japan has always been an industrious, populous and quite productive country even back then (before the colonial era). It tops rankings on historical GDP. I agree to a certain degree about the UK, but even in this era of Japanese depression, they are still the world 3-4th most productive country.
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