Categories

Factory Man

Factory Man

By Beth Macy

How One Furniture Maker Battled Offshoring, Stayed Local—and Helped Save an American Town. Little, Brown and Company, 2014.

0.0 / 0

13 mins read

12 Key insights

A brief summary of Factory Man

The compelling narrative of how one man in the furniture manufacturing industry endeavored to take on low-cost, overseas competition, revealing some of the worst aspects of globalization and why we need to revise our philosophies about local economy.

Key insights in Factory Man

1
What do you get from this book? The story of an American company that fought against harmful globalization
2
A booming American industry and ancestral land birthed the Bassett family dynasty
3
J.D. Bassett’s grandson was born into the family empire that his forebears created and grew
4
As Bassett Furniture continued to expand, globalization was hot on its heels doing the same thing
5
Cheap labor from Asian countries overhauled American-based manufacturing and divided the Bassett family
6
Asian markets quickly monopolized the demand for mass-produced furniture, putting many Americans out of work
7
John Bassett III took drastic measures to protect his employees and keep them producing furniture in America as globalization increased
8
Though it seemed daunting, JBIII didn’t back down when he discovered that China was engaging in illegal trade practices
9
A victory for one industry could lead to others, but American businesses keep falling prey to globalization
10
Summary of the key insights
11
Selected critiques in brief
12
Final word

Who should read Factory Man

Economists • Business executives • Manufacturers • Anyone impacted by outsourcing and offshoring • Anyone interested in globalization and geopolitics

About the author of Factory Man

Beth Macy is a bestselling author and journalist known for her hard-hitting and extensively researched nonfiction texts, which include Truevine and Dopesick. Her work has been published in The New York Times and she has earned Harvard’s Nieman Fellowship for Journalism as well as a nod for the 2019 Andrew Carnegie Medal for Excellence in Nonfiction.

author avatar

Beth Macy

Books similar to Factory Man

Related books that discuss topics similar to the book Factory Man

Chaos Monkeys

Chaos Monkeys

Antonio Garcia Martinez

Obscene Fortune and Random Failure in Silicon Valley. Harper, 2016.

18 mins read

2 reads

Innovating Women

Innovating Women

Vivek Wadhwa & Farai Chid

The Changing Face of Technology. Diversion Books, 2014.

13 mins read

0 reads

Hidden Figures

Hidden Figures

Brian Grazer

The American Dream and the Untold Story of the Black Women Mathematicians Who Helped Win the Space Race. William Morrow, 2016.

14 mins read

11 reads

Alibaba

Alibaba

Duncan Clark

The House That Jack Ma Built. Ecco, 2016.

13 mins read

0 reads

Steve Jobs

Steve Jobs

Walter Isaacson

Simon and Schuster, 2011.

21 mins read

4 reads

Einstein

Einstein

Walter Isaacson

His Life and Universe. Simon & Schuster, 2007.

15 mins read

3 reads

From Silk to Silicon

From Silk to Silicon

Jeffrey E. Garten

The Story of Globalization Through Ten Extraordinary Lives. Harper, 2016.

18 mins read

1 reads

Beyond Outrage

Beyond Outrage

Robert Reich

What Has Gone Wrong with Our Economy and Our Democracy, and How to Fix It. Alfred A. Knopf, 2012.

13 mins read

5 reads

Across That Bridge

Across That Bridge

John Lewis

A Vision for Change and the Future of America. Hachette Books, 2017

13 mins read

10 reads

Cheap

Cheap

Ellen Ruppel Shell

The High Cost of Discount Culture. Penguin Press, 2009.

16 mins read

5 reads

Related topics discussed in other books

Other books on similar topics in other fields and categories that may interest you

You might be interested in

Related books discuss other topics that are not necessarily similar to the topics of the book Factory Man

The 22 Immutable Laws of Marketing

The 22 Immutable Laws of Marketing

Violate Them at Your Own Risk. Harper Business, 1993.

16 mins read

0 reads

Acting

Acting

How to Get Started. Lexington Avenue Press. 2023

18 mins read

3 reads

Why Is Sex Fun?

Why Is Sex Fun?

The Evolution of Human Sexuality. Basic Books, 1998.

12 mins read

3 reads

The Code

The Code

Silicon Valley and the Remaking of America. Penguin Press, 2019.

21 mins read

1 reads

The Man Who Knew Too Much

The Man Who Knew Too Much

Alan Turing and the Invention of the Computer. Atlas Books, 2006.

18 mins read

2 reads

Why Has Nobody Told Me This Before?

Why Has Nobody Told Me This Before?

Why Has Nobody Told Me This Before? HarperOne, 2022.

19 mins read

2 reads

How to Lie with Statistics

How to Lie with Statistics

How to Lie with Statistics. W.W. Norton & Company, 1982 edition.

14 mins read

2 reads

Diversity and Complexity

Diversity and Complexity

Princeton University Press, 2010.

19 mins read

16 reads

Dare to Lead

Dare to Lead

Brave Work. Tough Conversations. Whole Hearts. Random House, 2018.

19 mins read

2 reads

Childhood Disrupted

Childhood Disrupted

How Your Biography Becomes Your Biology, and How You Can Heal. Atria Paperback, 2016.

14 mins read

6 reads

See all books in Politics & Economics

Explore more in these categories

Discover other books in various fields that contain the topics of Factory Man

What Lobab users are saying

Not sure if Lobab e-book and audiobook summaries are for you? Take a look at what a few of our satisfied users are saying about our powerful platform.

Ramogh

Lobab is a standout in the world of book summary apps, offering concise, insightful summaries of a wide range of books. Its user-friendly interface and well-crafted summaries allow users to quickly grasp the essence of complex works, making it an invaluable tool for those looking to learn more in less time. Whether for personal growth or professional development, Lobab is a game changer for anyone wanting to expand their knowledge efficiently. Highly recommended!

Benjamin Roche

Top quality app with plenty of brilliant summaries!

Nedal Ahmed

I found a really great book app that has made reading even more enjoyable ⭐️📚. It is super easy to use, has a lot of books to choose from, gives personalized recommendations, works well with e-readers, has an active community, and is accessible to everyone. I highly recommend it to all book enthusiasts!

Shaabi12A

I really liked the idea of the combination between the facts of the book and the issues of it in one summary. Well done.

iiMaan18ii

High quality and standards, the dark mode is good idea and good experience. So excited about the new books you’re going to add.

Eyad

Excellent experience, I can read and listen to a book within 15 mins. I appreciate the ease of use as well.

Fahad

Unique experience of book summaries delivering high quality, bestseller books, and very well-designed app. Highly recommend 👍👍

Understand books and audiobooks in 15 minutes - with Lobab!

books