With Trump’s new tariffs now in effect, get an overview of the state
of manufacturing in America and its role in the US economy.
“There’s no author whose books I look forward to more than Vaclav
Smil.” —Bill Gates In Made in the USA, Vaclav Smil powerfully
rebuts the notion that manufacturing is a relic of predigital history
and that the loss of American manufacturing is a desirable
evolutionary step toward a pure service economy. Smil argues that no
advanced economy can prosper without a strong, innovative
manufacturing sector and the jobs it creates. Smil explains how
manufacturing became a fundamental force behind America’s economic,
strategic, and social dominance. He describes American
manufacturing’s rapid rise at the end of the 19th century, its
consolidation and modernization between WW1 and WW2, its role as an
enabler of mass consumption after 1945, and its decline. Some
economists argue that shipping low-value jobs overseas matters little
because the high-value work remains in the United States. But, asks
Smil, do we want a society that consists of a small population of
workers doing high-value-added work and masses of unemployed? Smil
assesses various suggestions for solving America’s manufacturing
crisis, including lowering corporate tax rates, promoting research and
development, and improving public education. Will America act to
preserve and reinvigorate its manufacturing? It is crucial to our
social and economic well-being; but, Smil warns, the odds are no
better than even.
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The Rise and Retreat of American Manufacturing
Produktdetaljer
ISBN
9780262316750
Publisert
2016
Utgiver
Random House Publishing Services
Språk
Product language
Engelsk
Format
Product format
Digital bok
Forfatter