I truly wonder the same thing. Why are we trying to move back down the value chain?

wait, so we should be producing intellectual property (that China can steal in 5 secs) and.. "content"(?!) while all the industrial production can be done in China? That's  ridiculous

Working on /impact ||


Abundance Economy book: book.abundance.id

it's the best deal out there until someone cuts off your supply of finished products and you have to defend yourself with bits and bytes against an industrial power.
China's manufacturing capacity is about double that of the US

Digital trade is Americas strongest export and it’s not even accounted for in trade deficit calculations.

We export bits and bytes and import raw materials and finished products. It’s the best deal out there.

Also - manufacturing capacity in the United States is literally at all time highs. We could certainly manufacture more things, but why would we want to manufacture all the things?