The Economist (June 14)
“The world must escape the manufacturing delusion.” Nearly everywhere you turn, “politicians are fixated on factories.” They want to win them, open them, expand them and bring them home. But this fixation “with factories is built on myths—and will be self-defeating…. the global manufacturing push will not succeed. In fact, it is likely to do more harm than good.”
Tags: Escape, Expand, Factories, Fixated, Global, Harm, Manufacturing, Manufacturing delusion, Myths, Open, Politicians, Self-defeating, Succeed, World
The Atlantic (April Issue)
In the 1950s, most “Americans had a favorable opinion of large businesses.” These days, they only hold small businesses in esteem. “A majority of Americans now view large businesses as self-serving and self-dealing.” But these perceptions are based on myths. “Disdain for large businesses exaggerates their malfeasance while misapprehending their vital role in continued American success.” And that leads to more problems. “Feeding off the popular esteem for small business, policy makers are handicapping Big Business—in the process lowering productivity, dampening innovation, and hurting U.S. global competitiveness.”
Tags: Disdain, Esteem, Favorable, Global competitiveness, Innovation, Large businesses, Malfeasance, Myths, Opinion, Perceptions, Productivity, Self-dealing, Self-serving, Small businesses, U.S.
