Re:"No inventions; no innovations" A History of US Steel
by mitthrowaway2 on Friday December 29, 2023 @02:56PM
(#38809472)
The OP's contention was that Japan and Germany had an advantage due to their steel industry being bombed, which is apparently easier than upgrading legacy production facilities that haven't been blown to rubble.
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Re:"No inventions; no innovations" A History of US Steel
by sokoloff on Friday December 29, 2023 @03:11PM
(#38809624)
It’s often easier to rebuild rubble using other people’s money than to modernize in-place using your own.
Beyond just the “whose money is buying?” is that the latter costs you current production while the bombed-out scenario has no current production to forego.