Re:Why the U.S. can't build icebreaking ships
by xyzzyz on Thursday September 26, 2024 @11:39PM
(#41666041)
Yes, the collapse has happened, but it had not happened due to "privatization" of government shipyard. These were all privately owned shipyard that collapsed. The comment you are responding to is inventing some kind of alternative history that simply has not happened, and probably this is why it's downvoted.
But on the other hand, the same stats show a steady decline in the number of companies from 1950 that was only stabilised after the collapse in output, so it is probably arguable that the high-production situation was unsustainable. Economics can be complex.
[0] http://shipbuildinghistory.com/statistics/decline.htm