TED: The real reason manufacturing jobs are disappearing | Augie Picado

The video discusses the misconceptions about protectionism and trade policies, highlighting the impact of automation on job loss in the manufacturing sector. It explains the complexity of global trade networks and the benefits of shared production, emphasizing that protectionism can lead to higher prices without effectively saving jobs. The speaker uses examples from the aerospace industry to illustrate how interconnected global supply chains are, arguing that shared production allows for higher quality products at lower costs.

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