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America underestimates the difficulty of bringing manufacturing back

molsonhart.com

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Re: America underestimates the difficulty of bringing manufacturing back

#921
post #914

Earlier quoted context omitted.

Staff who’ve been around a while, understand how a company operates and can seed that understanding into new staff are more valuable to companies. For example: if every worker were replaced with an equally skilled worker tomorrow a company regardless would not be able to function. It therefore makes sense that a senior employee can demand a higher wage [than a new starter] even if their direct productivity is no diff…

If you replaced every worker with someone else of equal skill of course manufacturing company would continue to operate. Making employees replaceable cogs is what industrialization was completely about. It's what happened during globalization. Think about all those seniors who lost their jobs when the factory went overseas. That was successful in large part because the distinction between a junior and a senior is not…

> If you replaced every worker with someone else of equal skill of course manufacturing company would continue to operate.

No it wouldn't, because a senior worker wouldn't be around to say things like "oh yes we use a jig under this circumstance that we keep over here ". Every business has ton of institutional knowledge like that.

Re: America underestimates the difficulty of bringing manufacturing back

#922

Earlier quoted context omitted.

1. Jobs. 2. Profits. 3. Refined products can be exported to countries that don't have refinement capabilities. Not just the US and China. This gives Canada better trade leverage. 4. Security. A big one that's emerged in the last few weeks. I don't see either Poilievre or Carney talking about this which is disappointing but not unexpected.

Do you not believe in the theory of competitive advantage? The tradeoff is higher prices, do you think that doesn't matter?

What is the competitive advantage here? That refinement exists in the United States and not Canada? That was a political choice made by Canadian politicians.

Re: America underestimates the difficulty of bringing manufacturing back

#923

Earlier quoted context omitted.

> What you’re describing is monstrously expensive I would actually consider this to be an desirable side effect: if you want governments to enforce your monopoly using their state authority, you better pay for this really well. :-)

So you'd prefer there be no protection for inventors who aren't already wealthy?

I prefer for inventors not having to deal with the minefield of loads of existing patents.

Re: America underestimates the difficulty of bringing manufacturing back

#924
post #871

Earlier quoted context omitted.

> Business culture is eating its own young it's not eating its own young. It's externalizing the costs. And it's understandable, because the cost of employees are perhaps the largest line item in the budget.

Perhaps it's more accurate to say capitalist culture is eating its own young, due to its fixation on business culture. And I'm saying that as basically a capitalist. Not sure where we go from here.

Shareholder supremacy is the problem.

We can go back to stakeholder capitalism.

Re: America underestimates the difficulty of bringing manufacturing back

#925

Earlier quoted context omitted.

Concur, employee training and retention are at an all-time low. There are no positions available for junior employees, minimal onboarding and mentoring of new employees. Organizations have stopped planning people's careers. Used to be that the employee's career growth was their manager's problem, while the employee could focus on the work. Now the employee must market themselves as often, if not more often, than actu…

> minimal onboarding and mentoring of new employees. Organizations have stopped planning people's careers. I hear from all the much more senior devs about how they learned OOP in company training after years of C, or how their employers would give bonuses for finished projects, and that sort of thing. I always seem to join the ship when the money train and training train leaves the boat. I think R&D for tax reasons n…

I wonder if we could reproduce the magic of Bell Labs by basically re-creating some Ma Bell style businesses: grant a profitable, but regulated monopoly that had the financial security to think long-term and be willing to fund out-of-the-box research to service internal needs or hypotheticals.

Re: America underestimates the difficulty of bringing manufacturing back

#926
post #925

Earlier quoted context omitted.

> minimal onboarding and mentoring of new employees. Organizations have stopped planning people's careers. I hear from all the much more senior devs about how they learned OOP in company training after years of C, or how their employers would give bonuses for finished projects, and that sort of thing. I always seem to join the ship when the money train and training train leaves the boat. I think R&D for tax reasons n…

I wonder if we could reproduce the magic of Bell Labs by basically re-creating some Ma Bell style businesses: grant a profitable, but regulated monopoly that had the financial security to think long-term and be willing to fund out-of-the-box research to service internal needs or hypotheticals.

I mean, wasn't this ZIRP Google? Chrome, Android, Project Zero, etc.

Re: America underestimates the difficulty of bringing manufacturing back

#927

[flagged]

You're right: it's a bit racist. It's also faulty reasoning: you went to a high school in Cupertino with a markedly higher population of second-generation Asian-Americans, and went to a high school in an extraordinarily wealthy area; in fact, I think you might be attempting to generalize from the zip code with the highest density of immigrant professionals in the United States. If you want to generalize from China, t…

But I’m also Asian myself and all my relatives and everyone I know from China is the is way.

It’s a stereotype. Asian tiger moms. Asians are good at math. Math competitions, test scores. Quantitative metrics everywhere point to a worth ethic that is viciously high.

My conclusion of course is derived from quantitative evidence from general populations and iq scores by country. When I mentioned Cupertino I did it only to say that all the quantitative evidence happens to align with my anecdotal experience.

Re: America underestimates the difficulty of bringing manufacturing back

#928

Earlier quoted context omitted.

Perhaps it's more accurate to say capitalist culture is eating its own young, due to its fixation on business culture. And I'm saying that as basically a capitalist. Not sure where we go from here.

Shareholder supremacy is the problem. We can go back to stakeholder capitalism.

What's the difference?

Unless a stakeholder can become a stakeholder without putting in risk capital of course.

Re: America underestimates the difficulty of bringing manufacturing back

#929
post #921

Earlier quoted context omitted.

If you replaced every worker with someone else of equal skill of course manufacturing company would continue to operate. Making employees replaceable cogs is what industrialization was completely about. It's what happened during globalization. Think about all those seniors who lost their jobs when the factory went overseas. That was successful in large part because the distinction between a junior and a senior is not…

> If you replaced every worker with someone else of equal skill of course manufacturing company would continue to operate. No it wouldn't, because a senior worker wouldn't be around to say things like "oh yes we use a jig under this circumstance that we keep over here ". Every business has ton of institutional knowledge like that.

It turns out, that isn't worth much. Because they upended the factories and sent them to Mexico and China overnight without a person to point and say where the jig was. Seemingly, they figured it out.

To be clear, I'm not actually disagreeing with your point, I do think it's important to have those people. But companies felt otherwise.

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