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How much do you think it costs to make a pair of Nike shoes in Asia?

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Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#441
post #42

Americans need to get over their view of “Asia” as being about making shoes. When I was working in engineering in the early aughts, we mocked the Chinese as being able only to copy American technology. Today, China is competitive with or ahead of America in key technology areas, including nuclear power, AI, EVs, and batteries. We need to anticipate a future where China is equal to America on a per capita basis, but f…

The US was going down the "let dominate IP/technology" angle for awhile, but we only accomplished it with imported labor (look at any SWE shop). China is obviously developing the talent to do the same, and they are rapidly automating manufacture work as they approach a demographic cliff. They are basically making all the right investments for the future while we try to go back to the 1950s. It is extremely frustrating.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#442

Earlier quoted context omitted.

Every single person in the supply chain has a lever they can pull to change price, except the end consumer

> except the end consumer You can usually change what you buy.

[dead]

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#443
post #42

Americans need to get over their view of “Asia” as being about making shoes. When I was working in engineering in the early aughts, we mocked the Chinese as being able only to copy American technology. Today, China is competitive with or ahead of America in key technology areas, including nuclear power, AI, EVs, and batteries. We need to anticipate a future where China is equal to America on a per capita basis, but f…

America is not going to get there and stay there by being stupid.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#444
post #102
post #42

Americans need to get over their view of “Asia” as being about making shoes. When I was working in engineering in the early aughts, we mocked the Chinese as being able only to copy American technology. Today, China is competitive with or ahead of America in key technology areas, including nuclear power, AI, EVs, and batteries. We need to anticipate a future where China is equal to America on a per capita basis, but f…

> US will find itself in the same position the UK is in now The thing is .. there's a point here, but it's not at all tied in with physical products. People are obsessed with one side of the ledger while refusing to see the other. Most of the stuff the UK is struggling with (transport, healthcare, energy) are "state capacity" issues. Things where the state is unavoidably involved and having better, more decisive lead…

Agree, UK did not have a smart and capable leaders and elites for a very long time.

The elite/ruling class need to be replaced with the more capable and smarter ones

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#445
post #42

Americans need to get over their view of “Asia” as being about making shoes. When I was working in engineering in the early aughts, we mocked the Chinese as being able only to copy American technology. Today, China is competitive with or ahead of America in key technology areas, including nuclear power, AI, EVs, and batteries. We need to anticipate a future where China is equal to America on a per capita basis, but f…

The US was going down the "let dominate IP/technology" angle for awhile, but we only accomplished it with imported labor (look at any SWE shop). China is obviously developing the talent to do the same, and they are rapidly automating manufacture work as they approach a demographic cliff. They are basically making all the right investments for the future while we try to go back to the 1950s. It is extremely frustratin…

Back to coal mines.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#446
post #431

Earlier quoted context omitted.

The total volume of money flowing through fishing related business is much larger than through warhammer related. Fishing distributed about 1 billion in household income in the uk. Fishing supports about 12.000 direct jobs plus 5.000 in related industries in the UK. Warhammer has about 3000 employees GLOBALLY. Trickle down is not really present here. Businesses that do not distribute wealth in the general population…

You aren't comparing the same things here - if only counting Warhammer employees, then you shouldn't you only count actual fishermen (c6500 people)? For example, what about the people who work in Warhammer adjacent companies (plastics production, importing and labelling to name just a few, but also freelancers in publishing, illustration and design ) who would not appear in the 3000 Warhammer employees, but who earn…

I could not find numbers for warhammer related industries in the uk. Probably because they are to low. Warhammer has a large profit per piece sold, at least compared to fishing.

US citizens often fail to realise that earnings of an industry are almost irrelevant, it is how much said industry distributes into society that matters, both for people and the state.

Classical industries like mining and steel distribute a significant percentage of their revenue.

Digital businesses does not, neither does warhammer.

The interesting point is, that in the end the value of the money digital good as as well as plastic toys are measured in is based on physically realised wealth: Without physical businesses, the money warhammer is evaluated on would be ethereal.

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#447

Earlier quoted context omitted.

Not with immigration.

That's not necessarily a good thing. Do the New Americans want the same things as the pre-existing ones? Are they as capable? Not just "in a few generations" but here and now? Are they even likely to be as capable "in a few generations"? If the statistics aren't very wrong, it doesn't seem like a solution.

Indian Americans make the most money in America, I’m sure immigrants can be capable

Re: How much do you think it costs to make a pair of Nike shoes in Asia?

#450

Earlier quoted context omitted.

> What will be America’s competitive edge in that scenario? I'm sure that the US still has many edges over China in high-end technology. I remember I read a research article back in 2012/2013 which listed all fields that China were lagging behind, including pharma, computer chips and some other stuffs. It's a fairly long list. I'm sure China managed to catch up in some of the fields but I doubt all of them.

I'm sure China managed to catch up in some of the fields but I doubt all of them. And if you could guarantee that they'll never catch up in the others, we'd all feel a bit better about the permanency of American superiority. Absent that guarantee, we need to bench test those scenarios and be prepared with plans that best serve American interests should those scenarios come to fruition.

american has superiority in like number of incarcerated people per capita and infant mortality - that’s about it :)
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