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In the 1950s, manufacturing generated nearly 30 percent of U.S. income. Over the past fifty-five years, that share has gradually declined to less than 12 percent. At the same time, real estate, finance, and Wall Street trading have grown. While manufacturing's share of the U.S. economy shrinks, it expands in countries such as China and Germany that have a strong industrial policy. Meanwhile Americans are only vaguely aware of the many consequences of the loss of that industrial base, including a decline in their self-image as inventive, practical, and effective people. And yet, with the improbable rise of Donald Trump, the consequences of the hollowing out of America's once-vibrant industrial working class can no longer be ignored. Reporting from places where things were and sometimes still are "Made in the USA"--Albany, New York, Boston, Detroit, Fort Wayne, Los Angeles, Milwaukee, Philadelphia, St. Louis, and Washington, D.C. -- longtime New York Times economics correspondent Louis Uchitelle argues that the government has a crucial role to play in making domestic manufacturing possible
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Making It, Louis Uchitelle
- Lingua
- Pubblicato
- 2017
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- (Copertina rigida)
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