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by petestream
1402 days ago
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It's more like the endgame. 1. Western companies moves production of components to China.
2. Chinese companies becomes good enough to produce their own products.
3. Western companies starts rebranding Chinese products.
4. Chinese companies buy western companies.
5. Chinese companies open factories in western countries. Manufacturing isn't industry in itself and the growth of industry is orders of magnitude more in China. Most people just have no idea how supply chains work or how many R&D centers are opening up elsewhere. Many western countries are no longer great industrial economies but still far from real knowledge economies. Western countries don't really have the infrastructure, housing or education necessary and increasingly not alternative ways of competing either like creativity, influence or equality. There is a documentary called "American Factory". It isn't the best but it is something. |
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Every so often I like to link this:
Tektronix: "The Spirit of Tek"
https://vintagetek.org/opb-oregon-experience-the-spirit-of-t...
The video can be found when one looks around some.
Tek, under the leadership of Howard Vollum, literally built the whole region around it up. People could walk in off the streets and end up designing products, in sales, even doing a startup that Tek would help to fund.
I am a product of that culture, and learned a freaking ton from that place and the people who were in and around it.
When Howard Died, the private equity game chopped it all up and it's a shadow of what it once was.
Investments in the local people, partnering with schools, other manufacturers, all add up.