Made in the USA Audiobook Libro.fm

Description

In Made in the USA Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy Smil argues that no advanced economy can prosper without a strong innovative manufacturing sector and the jobs it creates

Smil explains how manufacturing became a fundamental force behind Americas economic strategic and social dominance He describes American manufacturings rapid rise at the end of the nineteenth century its consolidation and modernization between the two world wars its role as an enabler of mass consumption after 1945 and its recent decline Some economists argue that shipping lowvalue jobs overseas matters little because the highvalue work remains in the United States But asks Smil do we want a society that consists of a small population of workers doing highvalueadded work and masses of unemployed

Smil assesses various suggestions for solving Americas manufacturing crisis including lowering corporate tax rates promoting research and development and improving public education Will America act to preserve and reinvigorate its manufacturing It is crucial to our social and economic wellbeing but Smil warns the odds are no better than even