Comment by rkagerer
4 days ago
...just seem more willing to do it
That's why manufacturing offshored in the first place, companies feel they're receiving better value for money on wages elsewhere for this kind of work (and these days not to mention more & larger facilities, proximity to component sources, and a strong ecosystem of supporting and complimentary facilities).
I think that's obviously a major part of it but it ignores other stuff like lax environmental and safety standards.
It would be interesting to see how much of the economic advantage of off-shoring is due to lower wages due intrinsic to lower cost of living vs stuff like ignoring/bribing foreign officials or non-existent environmenta/safety standards that objectively should exist.
Personally I won't mind paying more to buy manufactured goods. My mom told me that a pair of sneakers before the offshoring back in the late 80s usually cost more than $300 in today's dollars. Yes, it was expensive, but I would just buy fewer and use the one for longer time. The reason is that in the long run the manufacturing cost would get lower due to increased efficiency, and loss of supply chain is detrimental to the entire country - and our living expenses will increase overall. Case in point, how much tax do we have to pay and how much inflation do we have to suffer in order to build those super expensive weapons? Part of the reasons that we had $20K toilet and $100 screws is that we simply don't have large enough supply chain to offset the cost of customized manufacturing.
Besides, the US loses know-how on manufacturing, eliminating potentially hundreds of thousands of high-paying engineering jobs - it will also be a pipe dream that we can keep the so-called high-end jobs by sitting in an office drawing boxes all day. Sooner or later, those who work with the actual manufacturing processes on the factor floor will out compete us and grab our the cushy "design" jobs.
it’s mostly just baumol cost disease.
you can feel free to buy american, i don’t care so i would prefer if it were not mandated and you get your individual choice to pay more for your goods if you want
Easy to get better value on wages when you get to pay under the minimum wage of your home country. And/or aren't required to offer benefits, vacation. And are able to work them twice as long without overtime pay. And don't need to care about child labor laws.
To be blunt: yes, slavery is cheap, isn't it?