Reddit Reddit reviews Factory Man: How One Furniture Maker Battled Offshoring, Stayed Local - and Helped Save an American Town

We found 5 Reddit comments about Factory Man: How One Furniture Maker Battled Offshoring, Stayed Local - and Helped Save an American Town. Here are the top ones, ranked by their Reddit score.

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Factory Man: How One Furniture Maker Battled Offshoring, Stayed Local - and Helped Save an American Town
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5 Reddit comments about Factory Man: How One Furniture Maker Battled Offshoring, Stayed Local - and Helped Save an American Town:

u/ValueInvestingIsDead · 12 pointsr/wallstreetbets

china via communist-subsidized material. Fact. (well, fact that it's standard practice in China, not that the wire is made in China)

u/pimpinpolyester · 5 pointsr/UpliftingNews

Hanks is getting ready to make this book into a moviehttps://www.amazon.com/Factory-Man-Furniture-Offshoring-American/dp/031623141X

Great read by the way

u/fdsa4327 · 3 pointsr/The_Donald

yup

https://www.amazon.com/Factory-Man-Furniture-Offshoring-American/dp/031623141X

chinese furniture manufacturers will literally work for no profit.

then the government pays them government crony cash so they can survive and profit

that's on top of the built in advantage of 10% for ALL products china manufactures because they pegged their currency

u/fdsa4326 · 1 pointr/The_Donald

Here's 2 books you can read about china fucking everyone over on trade. both on the macro level here

https://www.amazon.com/Bad-Samaritans-Secret-History-Capitalism/dp/1596915986

and the micro level here

https://www.amazon.com/Factory-Man-Furniture-Offshoring-American/dp/031623141X

is it my fault you're a naive fuck who thinks china will abide by these SELF REPORTING bullshit metrics?

u/gfds1 · -7 pointsr/politics

>More cons, dude. More cons.

Hilarious. The guy above you is absolutely right.

You? You literally just wrote platitudes about a theoretical world that has never existed, does not exist, will never exist, and can not exist.

I'll walk ya through a trip out here in the world that actually exists, lil fella........

>America hasn't gotten to be the best in the world because we refuse to work with other countries.

No, america was "the best" basically since WW2 because of that war. All the other industrial economies on earth were bombed to shit and we were basically the only economy in town with the advantages of very little to no industrial competition. We were "the best" specifically because we did NOT "share" with the world, but did all the manufacturing ourselves and had huge advantages both from that and the bretton woods agreement denominating in our dollar. Oh, and we had a massive lead in the oil industry, the largest industry in human history.

>the rust belt got hit by a down turn is certainly unfortunate and I want to help you guys fix it

No, it was forced to compete with essentially slave labor in china since 2001 when china entered the wto, and also NAFTA did harm us by essentially allowing outsourcing cheap/slave labor. Now certainly you dont know history, but this slave labor has been a problem for millenia. Lincoln talked about it in the lincoln douglas debates, de toqueville talked about it while touring america also, and shit, you can go back 2,000 years to the Roman senate when they were talking about the adverse effects of slave labor on the stability of THEIR republic as the working roman yeoman was thrown off his land and replaced with slaves.

Now here's the other part about china that you guys never talk about. China outright pays money losing businesses to stay in business and employ their citizens. For example a furniture producer in china can run a massive operation at break even and get paid a percent BY THEIR GOVERNMENT in lieu of actual profit. So how long can an american company compete against a chinese state monopoly business that is SPECIFICALLY MONOPOPOSTICALLY TARGETING american industries to put them out of business. With china's labor so cheap, americans literally cant even match chinese costs at ZERO PROFIT. Our COST of manufacturing is more than they SELL in stores for. Here's one of many books written about this

https://www.amazon.com/Factory-Man-Furniture-Offshoring-American/dp/031623141X

so now we see america's political leadership outright allowing shipping tens of MILLIONS of jobs straight to china, who specifically operates like a monopolistic predator to put american
businesses under.

>What about implementing smart controls for the inevitable impacted areas?

Yeah, but when trump suggests tariffs to prevent countries WITHOUT WAGE RESTRICTIONS, WITHOUT REGULATIONS, WITHOUT ENVIRONMENTAL RESTRICTIONS, you act like this vague "globalism is good" mantra will save you in spite of the reality of the situation.

You cannot win a rigged labor game against 1,400,000,000 chinese, 1,300,000,000 indians, 1,000,000,000 africans. American workers lives will be shit if they are forced to compete against essentially slave labor.


as lincoln said in the debates, the very high cost of non slave labor IS THE IMPETUS TO ADD EFFICIENCY AND IMPROVE OPERATIONS.


so instead of american companies being forced by our higher labor costs to innovate, the chinese are advancing in that technology because THEY are the ones with the labor cost issue now, while we revert to consumer state and just stagnate

http://www.bbc.com/news/technology-36376966

so their manufacturing gets better and better as they build on the tech they implement while jerkos like you primly give away our economy and reduce us to a client economy