Manufacturing: America’s Next Industrial Evolution?

<h2><a href="http://www.professorhollybell.com/wp-content/uploads/2012/02/48518xmfkh8t0gp.jpg"><img class="alignright size-medium wp-image-579" title="48518xmfkh8t0gp" src="http://www.professorhollybell.com/wp-content/uploads/2012/02/48518xmfkh8t0gp-199x300.jpg" alt="manufacturing"width="199" height="300" /></a></h2> By Holly A. Bell While I understand and accept the arguments for why globalization is a positive thing—higher wages and a growing global middle-class, lower cost of goods, and more goods available through specialization and trade (just to name a few)—an increasingly globalized <u>manufacturing</u> sector gives me cause for concern about competitive advantage in the United States. <h2>Should manufacturing be the next era in our industrial evolution?</h2> Readers of this blog recognize I am a free-trade capitalist who believes in competition, but like most people who identify themselves as such, I’m not a cold-hearted snake. I recently read an excellent, yet disturbing, <a rel="nofollow" href="http://www.nytimes.com/2012/01/22/business/apple-america-and-a-squeezed-middle-class.html?pagewanted=7&_r=1" target="_blank">New York Times article</a> that discusses why Apple is so pleased with their decision to move manufacturing from the United States to China. Their reasons? Here’s a hint, they didn’t mention the cost of labor as you might expect,

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