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by fock
2294 days ago
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yeah, but even in 1918 not every city had a refinery or blast furnace. And even back then, a lot of the basic stuff was imported (think opium, cocain (probably the top medicines back then...), rare metals...). On top of that, in 1918, a lot of the things you (and I) take for granted were not even found (for example antibiotica). And instead of random factories, each city (heck each small town) has like 10-15 CNC-machines ready to produce anything which was done in 1918 - a problem might be all things chemistry/mining related, but the real important stuff (which was known in 1918) also back then has been produced centrally (and still is)... |
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The hard part is the basics - things that get commoditised tend to get manufactured more efficiently, and at massive scale this tends towards centralisation.
As a concrete example, in the entire country of New Zealand, no one manufactures window glass. Every window, everywhere in every building, ultimately gets shipped into that country in a container.
We'd also miss shoes as there are no "real" factories locally anymore. I think we make nails but I can't tell if we can really make bolts. So I'm not talking about cars, computers or aircraft. No way. Windows. Shoes. Bolts.
So OK, we're missing commodities, most industrial chemical processes, feedstocks, experienced manufacturing labour and plant expertise, all of which went south when NZ was one of the first countries to drop its pants and remove import tariffs. OK. I don't have a dog in that fight, there are reasonable arguments to stop subsidising things you'll never be internationally competitive at.
That said if all imports stopped tomorrow for, let's say, 2 years, it's surprising what you can do without or improvise. The main thing I think we'd really miss is life sustaining medicine. A loss of exports would actually be more catastrophic since our farmers would a) have no reason to exist and b) not be able to keep the finance wheels turning.
We're unbelievably wealthy compared to people in 1918 and we have a lot more slack and fat in our systems than we really know.