Why Low- and Mid-End Manufacturing Reshoring Fails in U.S.
Drawing on Yi Wen’s The Making of an Economic Superpower and Ha-Joon Chang’s Kicking Away the Ladder and Bad Samaritans, this essay argues that large-scale U.S. reshoring of low-end and much mid-end manufacturing is neither historically plausible nor structurally efficient. Both authors, through independent but convergent historical analyses, show that industrialization follows a largely one-way … Read more