☆ Yσɠƚԋσʂ ☆ to canada@hexbear.netEnglish · 2 days ago'A shadow of its former self': Economists warn about Canada's manufacturing declineca.finance.yahoo.comexternal-linkmessage-square4fedilinkarrow-up131arrow-down10cross-posted to: canadacanada@lemmygrad.mleconomy@lemmy.world
arrow-up131arrow-down1external-link'A shadow of its former self': Economists warn about Canada's manufacturing declineca.finance.yahoo.com☆ Yσɠƚԋσʂ ☆ to canada@hexbear.netEnglish · 2 days agomessage-square4fedilinkcross-posted to: canadacanada@lemmygrad.mleconomy@lemmy.world
minus-squareDragonBallZinn [he/him]@hexbear.netlinkfedilinkEnglisharrow-up10·2 days agoHave they tried NOT giving up on manufacturing?
minus-square☆ Yσɠƚԋσʂ ☆OPlinkfedilinkEnglisharrow-up5·2 days agoLate stage capitalism dictates that manufacturing has to give way to ephemeral stuff that’s seen as a lower investment risk. Great read on the mechanics of the whole thing incidentally https://americanaffairsjournal.org/2021/08/the-value-of-nothing-capital-versus-growth/
Have they tried NOT giving up on manufacturing?
Late stage capitalism dictates that manufacturing has to give way to ephemeral stuff that’s seen as a lower investment risk. Great read on the mechanics of the whole thing incidentally https://americanaffairsjournal.org/2021/08/the-value-of-nothing-capital-versus-growth/