[Asclepius]

Source please.

Drucker's book, _Managing in a Time of Great Change_. But the Drucker article anthologized in the book merely surveys data readily available elsewhere. We simply have an economy many, many times larger than we ever had during our so-called industrial era, so even though we produce less as a percentage of our total output, we produce more in terms of manufactured goods than we ever, ever have. Couple that with a frightening, bone-chilling leap in our labor-yield that we achieved during the eighties and nineties, a leap in the labor-yield such that it takes far fewer of us to produce far, far more of the good things of this world (e.g. only two percent of us work the land, yet we produce more food than we ever have, more than we can possibly ever eat, enough to feed most of the world--we produce so much and so cheaply that our farmers are going bankrupt right and left).

[Archangelsk]

Drucker and Tom Peters have been touting that stuff for years. The salient fact of the matter is that we've outsourced the parts and pieces of manufacturing to overseas concerns and then ship the before market items to the big assembly plants here for the big whoop-de-do put together (classic example, Boeing). Statistically, yes we have more manufacturing "numbers", but the profitability is in the small parts that make the larger parts. We've lost that capability a long time ago.

[tjg]

"labor-yield"

Does this term mean the same thing as productivity? It seems like it but I wonder if there is a difference.