The un-level playing field ...America's response
Thursday, February 17, 2011 at 4:30PM As the US Auto Industry was losing market share in the 1980's and 90's, you would hear auto executives complain "Japan has an un-level playing-field advantage." Actually, more importantly, they were structurally and socially different. We will hear this about Korean Cars, Samsung Electronics and the Chinese. Whining will not win. In the great 20th American enterprise century, US companies were correctly oriented to creating un-level-playing fields and extorting them.
As the US Auto Industry was losing market share in the 1980's and 90's, you would hear auto executives complain "Japan has an un-level playing-field advantage." Actually, more importantly, they were structurally and socially different. We will hear this about Korean Cars, Samsung Electronics and the Chinese. Whining will not win. In the great 20th American enterprise century, US companies were correctly oriented to creating un-level-playing fields and extorting them.
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