Earlier quoted context omitted.
what a bizarre article, completely disconnected from reality. in what world is manufacturing, a sector that has been neglected for decades at this point, having any sway on politics in Britain. why does The Economist have so much disdain of manufacturing and people who work in it? look at China, look at their manufacturing industry and what they are able to do with it. then look at the UK, who is struggling to build…
The point is that manufacturing is a relatively small part of both the economy and the job market; AND the popular view of manufacturing (large plant staffed by a large number of men being the dominant employer of a nearby town or city) doesn't look anything like the reality of modern manufacturing (small run boutique high value stuff like satellites and turbines, highly automated and professionalized, relatively sma…
Most countries didn't care much for the former other than historic reasons, but like the latter for obvious reasons (add £ to GDP).
That's changing due to "sovereignty". You can't build a satellite without metal profiles, wiring, tubes etc. Which requires manufacturing capacity for those. Which requires steel/alu/copper smelters & plastic extruders. Which requires plastic & thus a chemical industry.
This whole 'sovereign movement' is about keeping/bringing back capabilities across the stack which are deemed critical (like steel).
But I suspect there are few (if any) countries that have these dependency chains mapped out in detail.