alt Hacker NewsProducing nothing only works as long as there's someone else to produce things for you who wants to produce things for you. It's been China, but only by accident. China is not far away from deindustrializing and then we all suffer.
It's a political choice by our own politicians.
> China is not far away from deindustrializing and then we all suffer.
How? China is actively moving up the value chain, into EVs, batteries, semiconductors, advanced manufacturing, etc. China is not abandoning industry.
> It's a political choice by our own politicians.
No, it's mostly how our economic system, how capitalism works. Production goes where production is cheap. You’ll never be able to produce goods in Germany at such low costs as in China or other third-world countries without eroding workers’ rights and thereby creating a new lower class.