- Dec 9, 2010
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Why is manufacturing seen as "inherently good"?
OK, let's get down to microeconomic theory. Manufacturing or secondary sector industry is essentially making and assembling things. So cars, aeroplanes, smartphones, desktops/laptops, well anything that can be assembled or made from scratch is manufacturing.
So what makes that inherently special or good? Is there a logical reason, or just romanticism? People often say that service jobs are shitty. What defines a shitty job, provided it adds social value and no social costs? So medicine, teaching, insurance sales, don't add value to society?
OK, let's get down to microeconomic theory. Manufacturing or secondary sector industry is essentially making and assembling things. So cars, aeroplanes, smartphones, desktops/laptops, well anything that can be assembled or made from scratch is manufacturing.
So what makes that inherently special or good? Is there a logical reason, or just romanticism? People often say that service jobs are shitty. What defines a shitty job, provided it adds social value and no social costs? So medicine, teaching, insurance sales, don't add value to society?