Thang Nguyen 555

Cultures on Collision Course

Tag: Earnings before interest taxes depreciation and amortization

  • It started with interchangeable parts in a gun factory, then “re-engineering” in the auto-assembly plant to full automation (former Secretary of Labor Reich said that if workers lose their sense of optimism, then there is no replacement). In NY, the manufacturing sector employs 40% a century ago, now it stands at mere 4% (conversely, a…