Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Thomas Sowell: Manufacturing confusion
Townhall.com ^ | January 15, 2004 | Thomas Sowell

Posted on 01/15/2004 6:50:24 AM PST by xsysmgr

click here to read article


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081-82 next last

1 posted on 01/15/2004 6:50:24 AM PST by xsysmgr
[ Post Reply | Private Reply | View Replies]

To: xsysmgr
bttt
2 posted on 01/15/2004 6:51:47 AM PST by lainde (Heads up...We're coming and we've got tongue blades!!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: xsysmgr
Thomas is a jewel of common sense in this world.
3 posted on 01/15/2004 6:53:41 AM PST by bmwcyle (Monica's Mom "Trust but keep verification in the closet")
[ Post Reply | Private Reply | To 1 | View Replies]

To: bmwcyle
Thomas is a jewel of common sense in this world.

Sowell food--for thought.

4 posted on 01/15/2004 7:01:45 AM PST by Agnes Heep
[ Post Reply | Private Reply | To 3 | View Replies]

To: xsysmgr
Even when a given job carries the same title, often you cannot hold that job while continuing to do things the way they were done 20 years ago -- or, in the case of Icomputers, 5 years ago.

Let me get in one comment before the usual fists start flying...

I think the real new thing here is the increasing velocity of job dislocation as technology marches on.

So the effect is a compression of what used to happen over 100 years into 5 years' time.

Which means that a generation ago, you held one job for 40 years -- not because the process we are observing now was not happening then, but because it was happening at a glacial pace. So most people wouldn't be touched by it in their working life.

It's not that anything new is happening in the American economy. It's just happening much quicker, so we feel it now. And the velocity will only increase.

5 posted on 01/15/2004 7:11:42 AM PST by Taliesan
[ Post Reply | Private Reply | To 1 | View Replies]

To: xsysmgr
Maybe, but he is wrong. The workers assembling Toyotas are gaining market share against Chrysler, Ford and GM workers who are losing their jobs. Most foreign (and now sadly US plants) are simply assembling foreign made parts too. Seimens growth likewise has been from acquiring former US companies like Westinghouse. When the dollars do come home it usually consists of foreigners buying up US assets, not goods.

You can't have a $500 billion trade deficit am tell us we are gaining jobs - not gonna drink that Kool-aid.

6 posted on 01/15/2004 7:17:27 AM PST by Last Dakotan
[ Post Reply | Private Reply | To 1 | View Replies]

To: Last Dakotan
Maybe, but he is wrong.

Thomas Sowell vs you.

No contest.

7 posted on 01/15/2004 7:25:12 AM PST by Protagoras (When they asked me what I thought of freedom in America,,, I said I thought it would be a good idea.)
[ Post Reply | Private Reply | To 6 | View Replies]

To: xsysmgr
Manufacturing Engineer BTTT
8 posted on 01/15/2004 7:43:48 AM PST by Xthe17th ("What is the use of being elected or re-elected unless you stand for something?" - Grover Cleveland)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Protagoras
Thomas Sowell vs you. No contest.

The high level intellectual discussions one finds on FR simply amaze me.

9 posted on 01/15/2004 7:58:35 AM PST by Last Dakotan
[ Post Reply | Private Reply | To 7 | View Replies]

To: Taliesan
It's not that anything new is happening in the American economy. It's just happening much quicker, so we feel it now. And the velocity will only increase.

I saw this happen in my first career. The phototypesetting industry gave way to the PC/Mac revolution, and the one-man business I had nurtured with such care went bust almost literally overnight. I was able to jockey the few computer skills I had as a typesetter into a position in the IT business (networking). A generation before, hot-metal typesetters had seen their careers lost to the cold type process. Before that, hand-set type lost out to hot metal. It's a never-ending process, and there's little sense in railing about the injustices of life.

10 posted on 01/15/2004 8:01:36 AM PST by Agnes Heep
[ Post Reply | Private Reply | To 5 | View Replies]

To: Last Dakotan
I agree, I was thinking that about your post.
11 posted on 01/15/2004 8:06:39 AM PST by Protagoras (When they asked me what I thought of freedom in America,,, I said I thought it would be a good idea.)
[ Post Reply | Private Reply | To 9 | View Replies]

To: xsysmgr
>This means that resources -- human resources as well as natural resources and other inputs -- are constantly being sent off in new directions as things are being produced in new ways.

So, just as prairies
get strip-mined, populations
get cut up and used...

12 posted on 01/15/2004 8:09:15 AM PST by theFIRMbss
[ Post Reply | Private Reply | To 1 | View Replies]

To: Last Dakotan
Maybe, but he is wrong. The workers assembling Toyotas are gaining market share against Chrysler, Ford and GM workers who are losing their jobs. Most foreign (and now sadly US plants) are simply assembling foreign made parts too. Seimens growth likewise has been from acquiring former US companies like Westinghouse. When the dollars do come home it usually consists of foreigners buying up US assets, not goods.

No offense intended, but I think the difference between you and Sowell is that while Sowell is a fool, he understands that he's a fool. You're analyzing the situation as if you truly believed you are capable of understanding every element of free market dynamism and forming a reasoned opinion based on that understanding. Sowell knows that this is impossible, because market forces are too complex and varied for the human understanding to account for them all at one time. Therefore, he predicates his analyses on broad principles that have been observed over time in the real world.

Milton Friedman used to illustrate this by asking his readership whether, solely on their own initiative, they could produce a common pencil. It seems simple, of course, but once Friedman is finished, you're inclined think otherwise.

13 posted on 01/15/2004 8:10:36 AM PST by Agnes Heep
[ Post Reply | Private Reply | To 6 | View Replies]

To: Agnes Heep
Fool

NOUN: 1. One who is deficient in judgment, sense, or understanding.

I don't think Sowell is a fool.

14 posted on 01/15/2004 8:15:13 AM PST by Protagoras (When they asked me what I thought of freedom in America,,, I said I thought it would be a good idea.)
[ Post Reply | Private Reply | To 13 | View Replies]

To: Last Dakotan
You can't have a $500 billion trade deficit .... but our GDP is growing.
15 posted on 01/15/2004 8:25:03 AM PST by Cronos (W2004!)
[ Post Reply | Private Reply | To 6 | View Replies]

To: Agnes Heep
When Walter Williams and Thomas get together on Rush's show I feel I'm in the EIB PHD classes.
16 posted on 01/15/2004 8:27:44 AM PST by bmwcyle (Monica's Mom "Trust but keep verification in the closet")
[ Post Reply | Private Reply | To 4 | View Replies]

To: theFIRMbss
So, just as prairies get strip-mined, populations get cut up and used...

So who would you like to guarantee a certain job - the government? Labor is what it is - a means for a company to produce something to sell. Getting laid off sucks and I've been there, but when it happens it is MY responsibility to make myself useful somewhere else.
17 posted on 01/15/2004 8:29:40 AM PST by over3Owithabrain
[ Post Reply | Private Reply | To 12 | View Replies]

To: Agnes Heep
Many would argue We should somehow protect the typesetting industry. Then you could pass on obsolete skills to your children. :-)

Those who are railing about sending our jobs overseas simply do not understand the revolution we are in the middle of. "Globalization" has many shades of meaning, depending on who is ranting at the moment. But the root phenomenon is technological; technology (computer and broadband) is driving everything we are seeing. The debate at the political level is a reflection of the anguish at the grassroots level which is, in turn, a simple effect of the ongoing information revolution, which will not peak.

"Globalization" is inevitable. It cannot be stopped. It is, at the root, science in the service of wealth, which is itself just a symbol for comfort. This is not a moral position, nor a political position. It is simply an observation. Technological advance can be paused, but it cannot be arrested.

I do note that the picture of the world system at the end of time in the Revelation of St. John is of a single system, based on trade and commerce, which has subsumed all other values, including all political divisions. This one world system traffics in every thing, including "men's souls".

You don't have to be an evangelical prophecy loon to observe the teleological force of the information revolution is to subsume EVERYTHING under the power of technology-seeking-wealth.

It will happen. It is happening. It is Man, imposing the condition of his heart onto his external world, inexorably, over the course of 5,000 years, and it was observable in seed form in Palestine in 30 A.D.

End of sermon. Resume your tired perennial debates.

18 posted on 01/15/2004 8:33:05 AM PST by Taliesan
[ Post Reply | Private Reply | To 10 | View Replies]

To: xsysmgr
this just makes too much sense!

why, just what will those eeconomics people come up with next? (/s)

19 posted on 01/15/2004 8:33:27 AM PST by no_problema
[ Post Reply | Private Reply | To 1 | View Replies]

To: xsysmgr
Search for manufacturing and you find Save Manufacturing Jobs which is the same article.
20 posted on 01/15/2004 8:34:46 AM PST by lelio
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061-8081-82 next last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson