The key to paradise was made in China.
30% of the worlds manufacturing is made in China as of 2023.
Second is the United States at only 15%.
Here are the reasons why:
Lower Wages
Chinese Labor
No Unions
A Massive Labor Pool
Horrible working conditions
Governmental Interest in Industrial Policy
Many industrial clusters
Currency Manipulation
Fewer workplace regulations
Less Oversight concerning pollution
Taxes
No workers comp insurance
Dumping
Neo-mercantilism
Lower quality goods and materials
Knockoffs
Overall manufacturing costs
Expansion Capabilities
Less quality control
Alternatives
To put it to you lightly no matter where you live on Earth. Were all fucked!
If we could see all the corruption in the world, the earth would light up like a night sky with a million stars. You did such a incredible and detailed analysis here, VOI. Great work.
That’s the truth! Appreciate the kind words Tim.
The problem isn’t China it’s us….the consumer that buys their products.
Before China there was Japan and after China there will be others for multinational corporations to plunder and exploit and we will continue to buy from them
Great thought provoking write.
You’re correct. The US always had others making cheaper, and or better made products. From the 1970’s forward, many of our products were made overseas. Thanks Pete.
Powerfully penned, Keith. Excellent write my friend. Appreciate you.
Damian
Thanks Damian!
Can we stop buying what is presented to us cheaply. Prices go up and we are stuck in the hamster wheel of wanting to do right but it’s often not.
Of course not. It’s the CEO’s of these firms not wanting to pay American workers cause we want more then minimum wage and representation through the unions. I mean why not! Thanks Fia.
I remember seeing a video where someone took a MAGA hat and turned it around to show it was made in China…which pretty much sums up the issue. Take as much as possible, give back as little as possible and never worry about the other guy. The humanity of the world has become devalued. Brilliant piece
HA! Love it! That’s great. People today worry about their own hides and nothing more. Each year it continues to become more & more of a problem where the values of people in general are at the lowest common denominator. Thanks Willow.
Good work here. Plain, clear, brief, and to the point. It puts all we do in perspective regarding manufacturing and consumption. There are many causes: corruption, greed, graft, poverty, laziness, stupidity, sickness, mental illness, and lack of education are the prime movers. Mix and match and you get governments — meaning the PEOPLE who govern –that are corrupt, uncaring, inefficient, underfunded, overwhelmed, and driven by combinations of all those causes I mentioned. What do you get? Man’s inhumanity to man, our oldest and most practised activity.
This is a nice piece, well said.
Thanks Flatdaddy. Appreciate the kind words and your viewpoints.