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baldur@toot.cafe ("Baldur Bjarnason") wrote:
RE: https://hachyderm.io/@inthehands/117265359683542601
I’ve been thinking along the same lines, with a few additional notes:
- Outsourcing was never rolled back. Industry went abroad and never returned
- Companies overall adjusted and now, more or less, benefit from it
- Much if that is because many companies also outsourced design and engineering, so lower coordination costs
- Most products are still worse than pre-outsourcing
- Domestic labour was pretty close to destroyed.
- Countries that went all-in on outsourcing effectively deindustrialised