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Date: 2024-06-19 Page is: DBtxt003.php L0300-Declining-Industries

ISSUES
Industrial Decline

INDUSTRIAL DECLINE HAPPENS ALL THE TIME
Progress invariably means change ... some industry grows and some industry declines. It happens all the time, and is healthy for the economy.
It has been observed by a number of thoughtful analysts that we should be careful to differentiate between 'jobs' and the people who do the 'jobs'. Trying to protect 'jobs' gets in the way of progress, but making sure that the people who do jobs are protected when their specific job disapears is important. When a 'job' disappears, it should be policy that the people involved have a soft landing ... and better, are enabled to thrive in the new situation.

THE COAL INDUSTRY
Mechanization
Air pollution
Carbon / Greenhouse Gases

STEAM RAILWAYS
From steam to diesel-electric
The migration from steam to diesel electric eliminated thousands of jobs, closed factories that made steam locomotives and workshops that serviced them. Steam locomotives made railways possible, but technology eventually enabled a better way to pull the trains in the form of either electric locomotives or diesel electric locomotives.

THE TEXTILE INDUSTRY
Relocation to lower wage areas
Workplace abuse in the supply chain
Environmental impact in the supply chain


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