• nifty
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    16
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    3 days ago

    Only 13% of adults in India have attainted tertiary education vs 17% in China, and 50% in the U.S. Explains where the bulk of productivity is in those countries, hard and blue collar labor. So this explains this guy’s pov, he basically wants to exploit labor as hard as possible.

    https://www.statista.com/statistics/232951/university-degree-attainment-by-country/

    Republicans want to create that kind of system here in the U.S. because they’re convinced that you don’t need an educated population to maintain US GDP supremacy, completely neglecting that the bulk of US services are centered around work that’s not hard labor or blue collar related. Even if the U.S. makes a transition to blue collar or hard labor work in the next decade, it will never attain the same kind of productivity as India and China in this respect because of the different cultural make up of these respective countries…unless, there’s a brain drain and people who want a higher quality of life abandon ship to a non-factory country.

    But importantly, the reason China and India have that kind of GDP output given their respective focus in the first place is precisely because the U.S. focuses its attention on financial and technical innovation. So if everyone shifts to pushing hard labor, then what happens? Someone’s going to have to pick up the slack, and it’s likely going to be the EU unless Russia steam rolls over them.

    The way nations and their leaders decide to do things is interesting, often to the detriment of sane long term investments.