This book addresses the vital importance of reshoring US manufacturing capability to ensure economic and military security and then discusses the proven methods that the United States used to gain manufacturing supremacy in the first place. The vital takeaway is: If the job can be made sufficiently productive, the per-unit labor cost ceases to be relevant which means a business can pay high wages, realize high profits, and deliver low prices simultaneously. The contest is then not between high wage and cheap labor, but between efficiency and inefficiency and, when automation is involved,...
This book addresses the vital importance of reshoring US manufacturing capability to ensure economic and military security and then discusses the prov...
This book addresses the vital importance of reshoring US manufacturing capability to ensure economic and military security and then discusses the proven methods that the United States used to gain manufacturing supremacy in the first place. The vital takeaway is: If the job can be made sufficiently productive, the per-unit labor cost ceases to be relevant which means a business can pay high wages, realize high profits, and deliver low prices simultaneously. The contest is then not between high wage and cheap labor, but between efficiency and inefficiency and, when automation is involved,...
This book addresses the vital importance of reshoring US manufacturing capability to ensure economic and military security and then discusses the prov...