View Single Post
  #148   Report Post  
Ed Huntress
 
Posts: n/a
Default What is the future of manufacturing?

"Eastburn" wrote in message
...
Along with the thoughts of Gary -

I'm generally pro Women working - but they brought us all another
stat - productivity level - it dropped and was forced upward by
government
and by industry. One reason, a large group moved into the workplace,
largely unskilled or newly skilled. I think this larger head count with
what ever the other measure outputs gave us all trouble.

I tend to expect like trouble due to the massive influx into the country
from many countries world wide.


I have no idea what the effect of women workers is on productivity, Martin,
nor do I know where you would get that information. Do you have facts and
figures to back it up?

Here's a point you have to keep in mind when you're looking at productivity
figures: Unless you're talking about extreme effects that are related to
very low wages, as in China, the education level, skill level, and work
habits of labor have practically nothing to do with a country's
productivity. It's almost exclusively a function of the way capital is
employed and how business organizes its use of labor.

As for government, its effects on productivity are indirect, by way of labor
laws, financial regulations, and so on. In modern societies with advanced
economies, government's effect on productivity tends to be much less
important than the effect of capital investment.


Ed Huntress