Large corporations and conglomerates ar perhaps more than any other one factor, contributed to the destruction and decline of the us. Machine tool industry. Just did not understand the machine tool business, nor had the passion of its original founders. The industry has always faced a rolla coaster, up and down market. And i think this cannot gets to the heart of what i said earlier, in that when he wrote this book,. i'm assuming he started writing it in a two thousand six, two thousand seven published, and nine a the machine tool industry was doing very poorly in the united states.
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The modern world is an integrated system of almost unfathomable complexity, built upon sub systems, technologies, people and practices that if partially removed or neglected sufficiently, result in disastrous supply chain break downs as witnessed in wartime or as the world seized up in response to an over-hyped flu virus in 2020. One of the industries at the heart of the manufacturing economy is the machine tool industry, responsible for “building the machines that build the machines” – mills, lathes, planers, presses, etc. that produce the metal products such as cars, airplanes and household appliances. Without these industrial tools, production would be relegated to hand tools or worse, and for national security reasons is arguably a strategic industry to be protected. As with most things in modern America, however, what is sensible and what is reality is at odds, with the machine tool industry witnessing a global market share decline of number one in the world at around 20% in 1981 to less than 5% today.
