The second of two articles about how the recession might shape America, possibly for the better.
From The Atlantic.
The crash of 2008 continues to reverberate loudly nationwide-destroying jobs, bankrupting businesses, and displacing homeowners. But already, it has damaged some places much more severely than others. On the other side of the crisis, America’s economic landscape will look very different than it does today. What fate will the ( Read more... )
The crash of 2008 continues to reverberate loudly nationwide-destroying jobs, bankrupting businesses, and displacing homeowners. But already, it has damaged some places much more severely than others. On the other side of the crisis, America’s economic landscape will look very different than it does today. What fate will the ( Read more... )
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First, I have never really gotten this whole 'postindustrial' concept. I cannot for the life of me figure out how a nation like the United States survives and prospers in even the near term without its own industrial base.
It's not like I haven't given the matter thought. I read Toffler's Future Shock back in 1973 while living in a Indian village on the Guatemalan border and even then I thought the Service Economy Paradigm pie-in-the-sky nonsense. The present crisis seems to confirm that, at least by my lights.
Economies provide Goods and Services, with I'd say an emphasis on GOODS! If all our important Goods come from overseas, we are economically emasculated. How does one get around that? *shrug* Maybe I'm just old fashioned ( ... )
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Obama doesn't think so, either. Note the following from his speech on Tuesday.
We know the country that harnesses the power of clean, renewable energy will lead the 21st century. And yet, it is China that has launched the largest effort in history to make their economy energy efficient. We invented solar technology, but we’ve fallen behind countries like Germany and Japan in producing it. New plug-in hybrids roll off our assembly lines, but they will run on batteries made in Korea. Well I do not accept a future where the jobs and industries of tomorrow take root beyond our borders - and I know you don’t either. It is time for America to lead again ( ... )
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http://www.onpointradio.org/shows/2009/02/americas-post-crash-geography/
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