The factory produces cotton goods.

But the growing dominance of the market economy, where the products of our intellectual labors are bought and sold, produced an unfortunate side effect.

Our vision is local manufacturing,

This factory uses an integrated manufacturing system standardized from parts on through to finished products.

When you have a patent, you can exclude anyone else from making, from producing or making

When I talk about capacity in this video, I'm speaking in very general terms.

But what interests my company the most is the fact that you can create individual unique products en masse.

When refined, crude oil yields many products.

Zipcar got some really important things right.

What is this even useful for?

Unlike an aircraft carrier or an atomic bomb, you don't need a massive manufacturing system to build robotics.

And I really understood what patient capital meant emotionally in the last month or so.

And I think that that factory is going to be able to produce I'll make up some product it'll be able to produce cars more efficiently and cheaper than any other car factory out there.

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To produce those 3 million widgets for 1, it cost me maybe 0.30 a widget, or 0.33 a widget.

That'd be triple or 4 5 times the value that's actually created.

Within the Solidarity Economy, the production respects the natural envioronment

So as you can see, this technology and the quality of what comes out of the machines is fantastic.

Japanese industries export various products to America.

A global crisis in agriculture.

This product is made in Italy.

The product stage.

Many of the German companies, for instance, believe that they are really producing a high quality product at a good price, so they are very competitive.

Without sellers and consumers, manufacturers have no reason to produce anything.

A great success.

And actually what's quite amazing about this technology as well is that you can create bespoke products en masse.

Inbound, Jordan product.

The threeYear rate of return on extenzalife products...

The original idea of ACTA is to internationally protect intellectual property.

We print geometry where we can make industrial design objects

If demand is at 90 of capacity, then the people with the capacity might say, gee, instead of trying to just try to sell that extra unit this is demand instead of just trying to sell that extra unit and have to worry about all the raw materials and have to work for that extra unit, why don't I just raise prices, right?

Japan's competitiveness is very strong in industrial products, but weak in agricultural products.

First of all, they can give employees and customers more control.

This is a bird.

These products are superior to theirs.

The company produces soy sauce and other food products.

Mass production reduced the price of many goods.

Local River is able to provide you food directly in your living room.

I prefer to buy domestic rather than foreign products.

And so the first of these that I will focus on the first is the price of competing products.

Until 10 days ago, I had worked in the Manufacturing Industry Dept of the Ministry of Economy, Trade and Industry.

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So you're already seeing deflation in wages.