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by MartianSquirrel
1986 days ago
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Yes, but no. Automation could, should and will bring back more manufacturing towards the west, in the sense that the west will produce more goods, in terms of net quantity/value compared to today. It does not necessarily mean more jobs. It does not mean the west will produce a higher percentage of global products. Paul Krugman, amongst others, has written about the subject, I will try to link articles once I get home. Quick edit: example: GM produces more cars than before the crisis but employs less people Edit 2: here's one https://www.scientificamerican.com/article/krugman-trade-job... |
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