Given the fact that manufacturing jobs and industries account for only one fifth (1/5th) of economic output of countries in the OECD, it is important to realize potential impacts this shift from tangible output driven economies to a more service oriented one, and the pundits’ chants that it is an advantageous phenomenon. Some questions to consider are: is the contraction of manufacturing in developed economies a result of so called manurity in economies or is it that the forced of globalization, speerheaded by government trumping corporations in search of cheap labor?
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Economists and gullible financial analysts, not to mention mentally disabled laymen touting the end of manufacturing as good thing, miss some central points concerning losing manufacturing:

The key fact is that manufacturing is the back bone of an economy because this sector is the one which actually produces tangible items. Some might say that intangible items like financial services, computer programs, and the like are products, but the reality of the situation is that these activities can be done almost anywhere in the world by anyone. What will stop these industries from fleeing just as manufacturing did? Indeed, they would flee even faster due to their nebulous nature. We have seen are only in the infant stages of the off shoring phemonenon of industries such as financial services and computer programming by large multi national companies.

Pundits will gather that this is the natural occurance of economies in that it drifts from an industrial boom to a post-industrial, so called information age and transforms into a mainly service sector based economy based on research, development, and management, but this is the theory that the economists push on behest of government to brainwash populations into accepting their fate of accepting lower wages, lower job security (if at all), and reduced spending.
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Let us explore this theory and implementation of this paradigm for a short while. Post-industrial really doesn’t mean “after industry”, it just really signifies the new industries that have come into being along side of traditional factory production. These new industries are computer technology, telecommunications, media and information processing (to name a few. Try and think of some more). These industries function unlike traditional industrial industries (auto, machine, building, textile, etc) because:

• a) their product is different (ie, non-tangible goods and services)
• b) some of the post-industrial professions involve more educated workers (white-collar as opposed to blue-collar) and
• c) production can take place in a number of different places (ie, not in a factory).

The problem Westerners and industrialized countries have is that the economists and political pundits hired by their respective governments have slowly but surely been brainwashing the financial, economic, and general population and trying to sell them on the idea that the next phase of an industrial economy is the incremental loss of manufacturing industries because “this is the way” as if it were some biblical law.
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Indeed, economics has become a religion into its own with paradigms such as so called “free trade” being pushed down peoples’ throats when in fact this idea is a fiction because all trade agreement are managed unless what you were aiming for was world government, and it just so happens this is what the politicians have been instructed to do.

Straight from the horse’s mouth, the International Montary Fund describes this phenomenon: During the past 25 years, employment in manufacturing as a share of total employment has fallen dramatically in the world’s most advanced economies, a phenomenon widely referred to as “deindustrialization.” The trend, particularly evident in the United States and Europe, is also apparent in Japan and has been observed most recently in the Four Tiger economies of East Asia (Hong Kong, China, Korea, Singapore, and Taiwan Province of China). Not surprisingly, deindustrialization has caused considerable concern in the affected economies and has given rise to a vigorous debate about its causes and likely implications.

The real cause of deindustrialization is corporations’ constant attempts to find the cheapest possible labor and price, but at what cost? The Western world has some of the highest and stricted labor, environmental, and health regulations in the world which provides safe, healthy, and reliable products.

While the contraction of manufacturing employment has often been compared to that of agriculture, it does not apepar that non-homothetic preferences hahve played a similarly important role in deindustrialization. Indeed, if services are “superior” goods, then consumers would increase their relative demand for services as per capita incomes increase. This would in turn cause a decline in output and employment in the manufacturing sector.

There is, however, little evidence that shifts in the pattern of expenditures between services and manufacturing can explain the secular shift of employment out of manufacturing into services (Saeger, 1997).

However, corporations and governments really do not care about any of these three pillars of human dignity, therefore seek out the cheapest possible price to make the quickest buck. This is not a long term, sustainable relationship, but an extremely chaotic one with the ultimate goal of world government. While this may seem an unbelievable statement, if you were to realize that if all governments were eliminated, there wouldn’t be a need for things like tariffs and taxes or borders to regulate trade and commerce, but this is a fiction in an ideal world. What the powerful policy makers of the planet wish to do is create a one world government controlled by themselves as demonstrated by Dr. John Coleman:

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What Jesus Had to say about deindustrialization:

James 5:1-6, Go to now, ye rich men, weep and howl for your miseries that shall come upon you.

Your riches are corrupted, and your garments are motheaten.

Your gold and silver is cankered; and the rust of them shall be a witness against you, and shall eat your flesh as it were fire. Ye have heaped treasure together for the last days.

Behold, the hire of the labourers who have reaped down your fields, which is of you kept back by fraud, crieth: and the cries of them which have reaped are entered into the ears of the Lord of sabaoth.

Ye have lived in pleasure on the earth, and been wanton; ye have nourished your hearts, as in a day of slaughter.

Ye have condemned and killed the just; and he doth not resist you.

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You can download a very interesting e-book here that explains the phenomenon of globalization, the loss of manufacturing in developed economies, and the results these effects have on the socio economic dynamics in these victimized countries.

Written by EconoChristian.com