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Showing posts from August, 2016

Are we at the cusp of a new Manufacturing boom or a bust?

Read Hillary Clinton 's answer to Is bringing manufacturing jobs back to the US a realistic venture, given that manufacturing is so much cheaper elsewhere? on Quora So, now Hillary wants you to "Make It in America", Modi wants you to "Make in India" and China has already built factories to make the whole world's output inside its borders. If all of them succeed, at best manufacturing capacities will meet the same fate as undersea Fibre optic networks, which subsidized the second wave of the Internet by providing cheap communication infrastructure at the cost of bankrupt companies who laid those cables in the first place. But chances are that all of them will fail and the world will rise to a post manufacturing world as Alvin Toffler predicted . There are 3 major trends which will determine the future of manufacturing in a post globalization world (note that a post globalization world is where the rules of globalization such as manufacture where i