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by wakawaka28
512 days ago
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The nominal value of highly automated processes has never been higher. Meanwhile, ordinary people are not able to find as many good jobs as they once did. Wages in almost every industry are stagnant at best, at least when adjusted for inflation. >A claim that manufacturing should employ more, in the face of increased productivity, That’s a claim that manufacturing should replace other endeavours in the economy which, is a complex claim at the very least. It is a complex claim but I'll make it really simple. We import most of the things we rely on. Everything from plastic toys to car parts to critical medicines are all imported. Letting yourself become totally dependent on other countries while our STEM grads are underemployed, and would-be manufacturing line workers are forced to do bullshit like driving for Uber, is no way to run a country. It is going to backfire one day unless there is a major reversal in the trend. |
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