The Collapse of American Industry

G-Force Junkie

G-Force Junkie

Old Vulcan Guy
Joined
Jun 2, 2003
Messages
405
After reading a number of the threads here lately, I've come to the conclusion that it is the general consensus that the American industrial economy is collapsing (if not already collapsed). The point of this thread is to discuss how American industry could turn this tread around and once more become competitive on the world market. How can America successfully move away from a service-based economy and towards a more industry-based economy?
 
It cannot, we have a minimum wage.
 
CadetEmperor said:
After reading a number of the threads here lately, I've come to the conclusion that it is the general consensus that the American industrial economy is collapsing (if not already collapsed). The point of this thread is to discuss how American industry could turn this tread around and once more become competitive on the world market. How can America successfully move away from a service-based economy and towards a more industry-based economy?
Click to expand...

Scrap democracy, elect communists and you'll have plenty of industry, believe me :)
 
Put down the gameboy and the VISA.

Doesn't really matter, a service-based economy can easily thrive. A society needs less and less actual products to be wealthy, as long as people get their specialised goods.

Exporting management usually helps, too.
 
First off manufacturing jobs aren't collapsing. They're declining and the wil continue to decline. It's not a bad thing, though because there are plenty of other sectors are increasing.
 
The US economy will never collapse as long as the dollar is the international currency.
 
Umm

The economist here says " Well, that's pretty much not true"

We don't WANT to be an industry based economy, the next evolution of economies is in service. Likely the next after that will be bio/nano. We want to be on the cusp of each new economy type.

The American industry isn't collapsing. That's the wrong choice of a very negatively charged word. Economies constantly change. The economy that doesn't is the one that suffers.
 
The biggest current risk factor to the American Economy is this trend towards closing borders and reneging on international agreements. While it won't stop the growth, it will limit it. Hurting trade hurts the economy.

Climate Change will be a problem too, but less of a problem than elsewhere. Though the loss of wealth caused by migrations are depressing. The over-consumption of groundwater will bite people in the butt too. The free market will provide, but not without people suffering.
 
JerichoHill said:
Maybe I should sell the beach house?
Click to expand...

Where's yours? My family has one in Cape May. It's right on the inland water way -- back yard is salt water. If the oceans rise 8 feet it's doomed.
 
Robots, you can exploit them as much as you want and they won't do a thing against it untill they explode.
 
JerichoHill said:
What about the Matrix? Man we should all be Luddites
Click to expand...

AH, HAH! Got you! Your acctually a simple living advocate!

Joke aside (as it was meant), untill we understand how humans think, I do not think there is any risk of making thinking robots.
 
That's right, I think we should manage our economy via the abacus.

I personally think we should pour all our efforts into cloning Jessica Alba and solving the aging process problem. I could think of not much better...
 
A service economy is a step above an industrial economy. It is even referred to as post-industrial.

Also, I am reasonably certain that the US has more manufacturing capability than at any other time in its history. What we are noticing is our share of world industry is declining as other countries develop their own economies. Also industries share in our economy is declining (though the actual industrial capability has no doubt gone up) because services are rapidly growing.
 
It doesnt matter anyway the entire industrial complex will have to reform once nanomolecular manufacturing comes into play.
 
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