Comment by anon-3988
5 hours ago
> To be fair there is a lot of talk about "bringing manufacturing back".
The reality is that you will also have to bring back less worker protection to make this competitive. The way I see it, it doesn't matter how good you are, if you have invest in R&D, China will simply spend 1/10 of the effort to copy it and produce it for less. What is your recourse here? I am pretty sure they are working their damnest to copy semiconductor manufacturing and if they can fully scale that up I can safely say the West is screwed technologically.
Military and government buy locally produced things, for a good reason. This allows some industries to re-shore.
Retail customers sometimes buy something not based on price and quality alone, but due to fashion and other such considerations. This works, but only when people have enough discretionary income to spend on such self-expression. Quite many people can't afford the luxury.