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View Diary: Where Adam Smith Was Wrong (121 comments)

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  •  Long before Sam, iced railcars from Ca brought (11+ / 0-)

    lettuce to east coast consumers to the detriment of local farmers. You know the product as "iceberg lettuce". As soon as mechanical refrigeration became reliable, meat began cross continent movement.  

    More changed than logistics. Craft was laid waste by the assembly line. Workers became increasingly expendable. As companies were acquired by larger concerns, the very existence of these companies were questioned, either downsized, obliterated, or as you say, moved to the region of least expensive labor.

    If cheap oil or "spice" folded space, a lack of a cheap substitute will once again expand our world. Indeed, we're already hearing of companies interested in moving back to the US, now that benefits have been slashed and locales will give away resources and land to have employment to offer its residents.

    “The first principle [in science] is that you must not fool yourself, and you are the easiest person to fool.” Richard Feynman

    by the fan man on Wed Jan 11, 2012 at 10:00:51 AM PST

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