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Made in the Usa

Author: Vaclav Smil   Series: The MIT Press

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An argument that America's economy needs a strong and innovative manufacturing sector and the jobs it creates.
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Summary

An argument that America's economy needs a strong and innovative manufacturing sector and the jobs it creates.

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Description

An argument that America's economy needs a strong and innovative manufacturing sector and the jobs it creates.

"There's no author whose books I look forward to more than Vaclav Smil." -Bill Gates

In Made in the USA, Vaclav Smil powerfully rebuts the notion that manufacturing is a relic of predigital history and that the loss of American manufacturing is a desirable evolutionary step toward a pure service economy. Smil argues that no advanced economy can prosper without a strong, innovative manufacturing sector and the jobs it creates.

Smil explains how manufacturing became a fundamental force behind America's economic, strategic, and social dominance. He describes American manufacturing's rapid rise at the end of the nineteenth century, its consolidation and modernization between the two world wars, its role as an enabler of mass consumption after 1945, and its recent decline. Some economists argue that shipping low-value jobs overseas matters little because the high-value work remains in the United States. But, asks Smil, do we want a society that consists of a small population of workers doing high-value-added work and masses of unemployed?

Smil assesses various suggestions for solving America's manufacturing crisis, including lowering corporate tax rates, promoting research and development, and improving public education. Will America act to preserve and reinvigorate its manufacturing? It is crucial to our social and economic well-being; but, Smil warns, the odds are no better than even.

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About the Author

Vaclav Smil is Distinguished Professor at the University of Manitoba and the author of many books, including "Energy at the Crossroads: Global Perspectives and Uncertainties" (2005), "Energy in Nature and Society: General Energetics of Complex Systems" (2007), "Global Catastrophes and Trends: The Next Fifty Years" (2008), and "Why America Is Not a New Rome" (2010), all published by the MIT Press. He was awarded the 2007 Olivia Schieffelin Nordberg Award for excellence in writing and editing in the population sciences.

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Product Details

Publisher
Mit Press Ltd | MIT Press
Published
21st August 2015
Pages
280
ISBN
9780262528351
$48.00
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