MovingAverage
Just a retail hack
- Joined
- 23 January 2010
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That’ll never happen unless we are prepared to accepted paying those that work in manufacturing $2 per/hr"She'll be right, mate. Just tie it up with wire."
"Oi, Sheila, where's the wire gone"
"We ran out, waiting for the next slow boat from ...."
Really hope we bring back some manufacturing out of this, process our own ore concentrate etc.
F.Rock
Unlike Germany, with 6 weeks annual leave a year? Just have to be smart about it.That’ll never happen unless we are prepared to accepted paying those that work in manufacturing $2 per/hr
Maybe build homes and not investment propertyThat’ll never happen unless we are prepared to accepted paying those that work in manufacturing $2 per/hr
That’s an interesting point...China has a massive manufacturing industry which has basically been built off the back of cheap and exploitive labour and and almost complete distress for OH&S. Yet as you point out Germany does to but it hasn’t been built on the same basis as China. Why has Germany managed to do this surely there are massive government incentives and subsidies?Unlike Germany, with 6 weeks annual leave a year? Just have to be smart about it.
New Zealand also has a large manufacturing component that competes internationaly.
Germany: intelligence, technical education and priority engineer is a title like Doctor or Professor here, the multitude of advanced SMEThat’s an interesting point...China has a massive manufacturing industry which has basically been built off the back of cheap and exploitive labour and and almost complete distress for OH&S. Yet as you point out Germany does to but it hasn’t been built on the same basis as China. Why has Germany managed to do this surely there are massive government incentives and subsidies?
Quality. Loyalty. Ownership. Employment of my kids. Pride. Reputation. Trust. Reliability. Proximity.That’s an interesting point...China has a massive manufacturing industry which has basically been built off the back of cheap and exploitive labour and and almost complete distress for OH&S. Yet as you point out Germany does to but it hasn’t been built on the same basis as China. Why has Germany managed to do this surely there are massive government incentives and subsidies?
Germany: intelligence, technical education and priority engineer is a title like Doctor or Professor here, the multitude of advanced SME
Hard working mentality, no class warface spirit and Unions working with the management not against, so reasonable compromises and real sharing of both profit but also hard times when required
Here we had a british class warfare mind :see the number of union and labour straight of British background
Thugs vs posh arrogant piece of crap top business figures a la Bond Packer
Does not matter much anymore as we have no union or industry left...
We have discussed it a lot in the 'the future of energy generation and storage' thread.Most people don't think outside the box so a high labour cost stops most people right there.
I don't understand given how cheap solar & wind power can be, not to mention less ongoing pollution once installed, that we haven't thought about bringing back a lot of high energy intense industries such as smelting raw materials into semi-finished form.
Smurf might understand the economics better than me but from a laymans thinking, I'd think a large upfront investment for practically zero cost on going electricity could be utilised very effectively by a lot of industries. I just don't think many people have sat down & thought what's possible if electricity effectively became a once off cost.
I'd think a large upfront investment
Or we stop demanding that manufactured goods are cheap and designed to fail.That’ll never happen unless we are prepared to accepted paying those that work in manufacturing $2 per/hr
Indeed and a good point, I think consumers have definitely moved to a mindset of cheaper lower cost disposable items instead of quality goods built to last but at a higher cost. China v Germany: China is the cheap disposable model and I think Germany is the quality items built to lastOr we stop demanding that manufactured goods are cheap and designed to fail.
The other thing is a lot of manufacturing now, isn't labour intensive, so wages become a very small cost in the process.Indeed and a good point, I think consumers have definitely moved to a mindset of cheaper lower cost disposable items instead of quality goods built to last but at a higher cost.
Yup, Australia is pretty good and shipping raw materials overseas and letting someone else add serious value to those raw materials to push it up the value chain.The other thing is a lot of manufacturing now, isn't labour intensive, so wages become a very small cost in the process.
Take for example making a lithium ion battery manufacturing plant, we have all the materials required, why would it be cheaper to send the raw materials than to send completed batteries?
The fact is, we in reality get a pittance for the raw materials, when you consider the price of a battery cell.
In case like that, we miss a technical ecosystem: technician to repair maintain, provide a new bord maybe built specifically, then away from market..these batteries are used in stuff that we do not produce here eitherThe other thing is a lot of manufacturing now, isn't labour intensive, so wages become a very small cost in the process.
Take for example making a lithium ion battery manufacturing plant, we have all the materials required, why would it be cheaper to send the raw materials than to send completed batteries?
The fact is, we in reality get a pittance for the raw materials, when you consider the price of a battery cell.
That Dona,IMO is probably the most pertinent article yet, with regard the virus.not going to read the thread ... too many agendas, i would think. But in the spirit of its title, this could be USA's Suez moment, some think
https://www.foreignaffairs.com/articles/china/2020-03-18/coronavirus-could-reshape-global-order
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