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Quotes by Vaclav Smil on energy and civilization October 26, 2021 China’s ruling party, as firmly in control of the government as ever, attracts foreign companies and enormous direct investment by guaranteeing the stability of a police state and by supplying a docile workforce that labors with minimum rights, commonly for extended hours under severe discipline, and is housed in substandard conditions.
The last time such a loss occurred was during the 1930s, and what makes it such a concern this time is that the dismal job creation statistic has been accompanied by huge and rising budget deficits, large and persistent trade deficits, enormous indebtedness, a low saving rate, a worsening state of indispensable modern infrastructure, poor achievements in education for the masses, worrisome public health (marked by a historically unprecedented incidence of obesity)—and a grossly dysfunctional government to run it all. When seen from this perspective, the state of US manufacturing is a clear cause for concern.
I wrote this book because I wanted to narrate the great, and a truly nation-building, story of US manufacturing—and because I believe that without the preservation and reinvigoration of manufacturing, the United States has little chance to extricate itself from its current economic problems, meet the challenges posed by other large and globally more competitive nations, and remain a dynamic and innovative society for generations to come.
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