At least in recent times, it’s not globalisation that has impacted US manufacturing it’s the ’Great Resignation’
Ever thought who is actually able to resign? I am guessing that there is a certain layer of privilege involved for a high percentage of them. Eventually, inherited wealth runs out, by passing into the hands of those willing to capture it.
I reckon they’d be lucky to deliver on 1!
I haven't seen them do it in my lifetime.
The numbers alone demonstrate that it was a cross section of American society not just the privileged.
Approximately 50mil Americans every year in 2021, 2022 and 2023 voluntarily left their jobs. That’s about 1 in 4 workers per annum.
The vast majority also returned to work so it’s not people being in a financially sound position to give up employment entirely. It’s more a case of the American worker enjoying a job market which has options and then choosing not to enter the manufacturing industry.
Okay. It is interesting to see what kinds of jobs they moved into, and whether it was a smart move given what is coming with AI now.
Yes and I agree with your sentiments that most people don't deal well with change.
The real change that AI will bring will be to another age old triangle - the relationship between state, capital and labour. Unfortunately, if the free people of the world keep electing the likes of Donald Trump, Joe Biden, etc then we've got absolutely no chance of reimagining that relationship for the betterment of mankind.
I think the elections are rigged - in the sense that there are no good options that will lead to betterment for society or humanity. If we want a better world, we need to work for it, not vote for it.