Manufacturing in America, post-globalisation| FT Film

The FT's global business columnist Rana Foroohar looks at why the US should bring manufacturing jobs back home. In the second of three films based on her new book, 'Homecoming: the path to prosperity in a post-global world', she follows the all-American supply chain of clothing company American Giant, to see how it impacts jobs, businesses and communities

#useconomy #manufacturing #globalisation #us #business #jobs #globaleconomy

00:00 Made in America, Again
01:20 An all-American supply chain starts here
03:17 What went wrong with globalisation?
07:00 The cotton gin - a risky business
09:53 Automation at a high-tech mill
13:16 Why manufacturing is important
19:59 The family-run finishing factory
23:21 Worker innovation at the sewing factory
27:33 Education, training and community
29:07 A moment for change?


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[castovelazquez]

As a retiree from 35 years in manufacturing it is encouraging to see we are coming to our senses and acknowledge that industry builds the wealth of society

[jonbeltrano]

This storyline is brilliant. Capturing the entire process from crop to manufacturing was a great idea.

[MauricioYouTube]

Excellent segment, bravo FT for showcasing how the offshoring of our manufacturing base has led us to where we are today. There's a saying idle hands make a devil's work. The US needs a meaningful and diverse job mix that challenges the hearts, minds, and hands. There's nothing wrong with four-year degrees, except that many people are NOT cut out for that road.

[peteg]

Excellent presentation. I've been an advocate for the American lead world order but things have gotten out of hand since the 1980s. I'm in the middle of Rana's latest book, "Homecoming" and it is an amazingly succinct and interesting read. I highly recommend it to anyone interested in this video. Thanks, Rana.

[BCSTS]

This whole idea is what is needed not only for US but also so many reason....maybe someday we can once again talk to someone in North America when you need customer service...or dare I say, even somone locally!

[mythbusterUSA]

Meanwhile silicon valley outsourcing thousands of jobs to India and nobody is talking about it.

[Ammo-Hoarder]

I am 63 years old. All my life we have been in some kind of economic problem. During periods when the economy was "good", it was triggered by massive spending and debt. This country has never been allowed to flourish the way it could. This period reminds me of the 1970s when I first experienced inflation. I remember buying cigarettes from a vending machine and how quickly they went up in price. In the mid-'70s, cigarettes cost around 60 cents. $1. Today's inflation is the worst I've ever seen and it's a fire that more spending can't put out. If compared to the potential of our countries, we are in a total depression. Regardless of what you've experienced in your 'So Far, always keep in mind that debt and free-flowing credit have been responsible for it. The chickens have come home to roost and economic mother nature is about to crash. head out. Does anyone realize we used to have 25 million well paid?" Manufacturing jobs here in the US where you could actually afford to raise a family? All of those jobs were shipped offshore so big corporations could use slave labor and game the system more. When I was a child, fathers worked and mothers raised children and You could do it on the salary of a salaryman. Today they both work and cannot make ends meet. We have been robbed blindly and there will be hell to pay for all the suffering and misery that our corrupt politicians have done to us.

[smallstudiodesign]

The Covid-19 pandemic has been a huge wake up call on many fronts … and one of the most revealing being the fragility of our global supply chains. I see this movement as a silver lining in rebuilding more value-added tertiary economies that truly support the regional communities’ developments.

[duncanwil]

Having seen the way that US manufacturing gave away its jobs and factories, at least from the early 1980s, as did the UK under Thatcher, it is good to see industries rebounding now. An enjoyable film, I thought!

[javidiaz]

So revealing, so thought provoking and unlearning challenging. I'm not American, I come from the emerging economy side of the story and globalization kind of killed our industries too and our local production. We only get a piece of the supply chain and then we don't necessarily reap the benefits of a "cheaper price".

[tjsells]

As a younger generation gives me hope for my country 🎉

[Chitoalf]

❤ I remember growing up in the Philippines in the mid & late seventies always looking for the tag “Made in America.” Levi’s Jeans was so in demand but anything made in America meant quality, status & also abit exclusive.

[JG-ztcg]

I was a strong believer in global markets as a way to improve the world but never imagined how it would hurt US manufacturers and communities. I might have been wrong. Thanks for a great documentary.

[joebullwinkle]

Once America turns its attention to something, nothing can stop it. We need an economy that works for regular people, hopefully we are heading in that direction.

[DeptalJexus]

I wish to see good quality "Made in USA" products with fair price on the shelves of every country once again.

[mikedevere]

Great piece. I'm Europen but no less share the view that onshoring of skills is essential for our societies, economies and our environment. Finally, someone is making sense!

[pattyhsieh]

As an international business student back in the days, the first things you learn are Adam Smith and David Ricardo’s theories on free trade. And it’s easy to hold it as true and the right way to do business. Only after so many years, its harm on environment, society and communities become apparent and makes you realize the system had so many hidden costs that were not discussed back then

[kyerwhite]

The same thing happened Here in Canada, my hometown lost 1000’s of manufacturing jobs in the 1990’s. I.e. cotton mill operated there for over 100 years. The town is a shadow of its self now.

[NewCastleIndiana]

Thank you for this reporting. This is such an important topic. America is almost breathing It’s last breath on the world stage because of everyone that has sold out the American worker

[bargainfisherman]

Great presentation, I am so proud of USA manufacturing because it brings us to train work skills and establishes a personal pride in products and developments together for the good of all.