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Made in the USA :the rise and retreat of American manufacturing

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"In Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without a strong, innovative manufacturing sector and the jobs it creates. Reversing a famous information economy dictum, Smil argues that serving potato chips is not as good as making microchips. The history of manufacturing in America, Smil tells us, is a story of nation-building. He explains how manufacturing became a fundamental force behind America's economic, strategic, and social dominance. He describes American manufacturing's rapid rise at the end of the nineteenth century, its consolidation and modernization between the two world wars, its role as an enabler of mass consumption after 1945, and its recent decline. Some economists argue that shipping low-value jobs overseas matters little because the high-value work remains in the United States. But, asks Smil, do we want a society that consists of a small population of workers doing high-value-added work and masses of unemployed? Smil assesses various suggestions for solving America's manufacturing crisis, including lowering corporate tax rates, promoting research and development, and improving public education. Will America act to preserve and reinvigorate its manufacturing? It is crucial to our social and economic well-being; but, Smil warns, the odds are no better than even"--Publisher information.OCLC-licensed vendor bibliographic record.

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Detail Information

Series Title

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Call Number

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Publisher

: ., 2013

Collation

1 online resource (xiii, 263 pages) :illustrations

Language

English

ISBN/ISSN

9780262316743

Classification

NONE

Content Type

text

Media Type

computer

Carrier Type

online resource

Edition

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Subject(s)

industrial policy
United States
Manufacturing industries

Specific Detail Info

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Statement of Responsibility

Vaclav Smil.

Other Information

Cataloger

Rudy k

Source

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Validator

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Digital Object Identifier (DOI)

https://direct.mit.edu/books/book/3424/Made-in-the-USAThe-Rise-and-Retreat-of-American

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Journal Issue

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Subtitle

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