Earlier quoted context omitted.
>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?
Someone else starts their own mines, everyone goes a little poorer. except for oil, most countries aren't dependant on other countries just to survive in the near term (food is one of the few things countries will usually attempt to ensure they are selfsufficent in, if it's feasible)
How the UK lost its shipbuilding industry
411–420 of 531 posts
Re: How the UK lost its shipbuilding industry
#412Earlier quoted context omitted.
Tell that to Ukraine! Edit: it's not about throwing nukes at each other... It's about having nukes that you can use if someone invades you.
> Edit: it's not about throwing nukes at each other... It's about having nukes that you can use if someone invades you. Russia has nukes and got invaded ( https://en.wikipedia.org/wiki/Kursk_campaign ), did it use them?
Re: How the UK lost its shipbuilding industry
#413Earlier quoted context omitted.
The highest value thing you can do in this life is produce food. The second highest value thing you can do is produce machines that help produce food (or other raw materials). The least value thing you can do is the services that are needed to support the production of machines that produce food. This is an uncomfortable thing to read for someone (such as myself) working in tech, in fact that's where the "sectors" co…
Seems like you’ve smuggled in your conclusion with your definition of “highest value”? Using the normal definition (how many dollars we will pay for it) the statement is of course objectively false. Agriculture is certainly necessary, but to take a more extreme example, is air valuable?
Ah, pot calling kettle black!
The "normal" definition you claim is smuggling the equivalent of an entire cultural ideological framing.
Re: How the UK lost its shipbuilding industry
#414The 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…
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…
Re: How the UK lost its shipbuilding industry
#415Earlier quoted context omitted.
I don't know about the UK, but in the US this is only half true. Degree-requiring jobs still have better social status over trades and low/no skill work, at least from a "what do you want to be when you grow up" point of view. However, many more people than previously are skeptical of the math behind the cost of a college degree. Going into significant debt only to find a field flooded with others, competing with ove…
Theres simply no reason why college is as expensive as it is. The cynic in me says price increases are about setting up class boundaries and pushing people back into the necessary but less desirable factory/trade jobs of previous generations
This makes absolutely no sense when you spend two seconds to think about the supply and demand.
Case in point, college is free in Europe and that has led to the exact problem you fear: oversupply of college grads and devaluation of degrees "pushing people back into the necessary but less desirable factory/trade jobs of previous generations".
In my European college town it's easier to find a ML developer than a skilled HVAC tech or EV mechanic.
Re: How the UK lost its shipbuilding industry
#416Former UK manufacturing engineer here (1980s onwards). The manufacturing industry in the UK at that time suffered from three serious problems: - Low productivity workforce. There was a huge pool of skilled, low wage, workers that had little incentive (or will) to up-skill. There were few apprenticeship schemes or other education programs to train them for the modern world. - Poor quality management. "Working in trade…
The UK was once an 'island of coal in a sea of fish'. But we used up the easy-to-reach coal and ate all of the fish. Not only that, we also used up all of the easy to access iron ore.
I am no fan of Margaret Thatcher, however, how would shipbuilding make sense in the UK once the raw materials have to be shipped in from the lowest wage mines on the planet?
It would make more sense to build the ships nearer to the raw materials. Yes I know the Koreans, Japanese, Germans and Chinese have the same resource allocation problems, but the workers were cheaper, offsetting the material and energy costs.
Regarding the UK being 'particularly good at finance, insurance, etc.', London is the portal to tax havens, as in the islands that were the former British empire. The U.S. has some financial regulation that London lacks, hence the arrangement and relevance of London.
Re: How the UK lost its shipbuilding industry
#417Earlier quoted context omitted.
This is the fundamental thing you get wrong. The whole industrial knowledge thing was build because we were building stuff internally. When you are outsourcing assembly you are actually sending quite a lot of the knowledge and know how that went into the high value act of designing a thing. For free. We live at a physical world - so being able to produce physical stuff both better, more, and cheaper is extremely impo…
> When you are outsourcing assembly you are actually sending quite a lot of the knowledge and know how that went into the high value act of designing a thing. I don't think so. Employees on the chain line are not going to become literate and engineers just because you are outsourcing the menial stuff. > so being able to produce physical stuff both better, more, and cheaper That is knowledge work. > The only area chin…
That uses prat and whitney and GE engines
Re: How the UK lost its shipbuilding industry
#418The 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…
The UK imports half its food, and was almost starved into submission by Nazi U-boats during WW2,, so you’d think they would know this, but laissez-faire ideology is strong in the ruling class.
Re: How the UK lost its shipbuilding industry
#419Earlier quoted context omitted.
What does modern manufacturing look like? Are you limited by a lack of people who can, like, use a screwdriver? Or by a lack of people who can use a CAD package? I worry that kids might hear “not enough people in the trades” and work on their hammer swinging skills. But in the US at least, you can get through k-12 without learning basic intro math stuff, like linear algebra or calculus. If that was the minimum, we co…
Never mind calculus. There are plenty of kids who graduate high school without the basic arithmetic and trigonometry skills necessary to be a good carpenter. The social promotion practice in primary and secondary schools has been a disaster.
Re: How the UK lost its shipbuilding industry
#420Somehow the UK is really in a downhill trend. For decades. BREXIT kind of accelerated that; people such as Nigel Farage won't follow on their promise. There won't be noteworthy economic growth for the common man. The naval situation is even worse, because the UK totally depends on the USA now for its own nuclear arsenal. The UK has basically stopped being independent. Changing this will be hard and I don't think anyo…