Re:America Is Back in the Factory Business
by kranke155 on Saturday April 08, 2023 @08:32PM
(#35499017)
This is not at all what happens but ok. This is sort of the capitalist fable on what’s happening.
Read “How Asia Works” for how things actually work in industrialising a country and its stages.
Countries actively choose to seek to develop an industrial base and they start with textiles. Then they evolve their industrial base to a higher income industry, and they let go of textiles over time.
That’s how it happens in an organised industrial development plan. In disorganised industrialisation, you have everything going on at once and you get Brazil.
Re:America Is Back in the Factory Business
by namaria on Sunday April 09, 2023 @04:04AM
(#35500817)
This narrative doesn't falsify or go against the one you're replying to. Both things can be true - investors follow incentives and some countries try to manage incentives in a certain way.
Read “How Asia Works” for how things actually work in industrialising a country and its stages.
Countries actively choose to seek to develop an industrial base and they start with textiles. Then they evolve their industrial base to a higher income industry, and they let go of textiles over time.
That’s how it happens in an organised industrial development plan. In disorganised industrialisation, you have everything going on at once and you get Brazil.