Chinese airline completes maiden passenger flight with domestically built plane

Re:Chinese airline completes maiden passenger flight with do... by phkahler on Wednesday December 30, 2020 @04:45PM (#25586542)

>> There was a general claim from the late 80s to 90s that the invisible hand of the market would eventually move Americans to higher paying fields while allowing low wage international competition in manufacturing.

A friend of mine was in business school in the 90s. She told me all that low end production was going to be outsourced to lower cost places, and that the US would be mostly management.

I was stunned that not just a person, but a school could be so stupid. What, did they think the Chinese could make shit but would never learn how to manage things or design them? Worse yet, they can now do design, production, logistics, and the US no longer knows how to make a lot of things.

I've even read that Krugman now sees that as a mistake.

Way to go, followers of Jack Welch.

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Re:Chinese airline completes maiden passenger flight with do... by mncharity on Wednesday December 30, 2020 @05:24PM (#25586931)

"We'll export the factories, but keep all the manufacturing expertise here", is not something you'll often hear, from a manufacturing engineer. I once asked a Harvard Business School professor, how such nonsense could have been believed - did no one ask? He replied, I taught that... "the ideas were in the air".

I've wondered, whether the concern for foreign propaganda, targeting US communities disconnected from reality by group-think, is perhaps misguided, in its focus on populists. Sure, sometimes you target propaganda at troops. But the usual and higher-leverage target for deception, is leadership.

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