[–] AmaleksHairyAss 1 point 2 points 3 points (+3|-1) ago
Easy answers are rarely complete.
[–] bikergang_accountant 1 point 6 points 7 points (+7|-1) ago
Unions. The total amount of manufacturing per square mile in the US is up in most places since the center of Detroit's heyday. Seems they exported their jobs to more than just china over that period.
Let unions run things and shit will get shut down eventually. Patents expire so even if excluding that methods change. Blank corporation may have some fixed comparative advantage that makes it so it can still get work despite a union but that advantage will slip away with time and all you will have is a shell. Apply it to enough businesses in the same area, you get Detroit. Detroit isn't a story, it's a thousand miniature stories of why a specific business didn't want to work there anymore that sums up in aggregate.
[–] eqi397 1 point -1 points 0 points (+0|-1) ago
simple explanation: government stole all the money from companies to fund its war machine