Re:The Demoralization is just Beginning
by unclebucknasty on Wednesday March 05, 2025 @01:45AM
(#43263604)
>there is more to an economy than manufacturing
I don't agree with all of his premises or conclusions either, but I believe he's exactly right about the financial engineering and outsized rewards that frequently accrue to non-productive activity in general.
I see the manufacturing fall-off he notes as a proxy for that. It's not the only evidence, but it's one piece.
I don't agree with all of his premises or conclusions either, but I believe he's exactly right about the financial engineering and outsized rewards that frequently accrue to non-productive activity in general.
I see the manufacturing fall-off he notes as a proxy for that. It's not the only evidence, but it's one piece.