From: Randy Smith (randysmith101@hotmail.com)
Date: Wed Dec 26 2001 - 12:05:08 MST
>From: Chuck Kuecker <ckuecker@ckent.org>
>Reply-To: extropians@extropy.org
>To: extropians@extropy.org
>Subject: Re: Dumping
>Date: Wed, 26 Dec 2001 10:49:23 -0600
>
>
>>>
>>>In real world economics nothing has a guarantee, but if they
>>>increase prices then they have lost their only advantage in the
>>>marketplace. Historically American capitalism has been very
>>>good at filling vacuums in the free market and in exploiting
>>>the weak points in trading partners.
>>>
>>> John K Clark <mailto:jonkc@att.net>jonkc@att.net
>
>
>Perhaps I missed a post or two here, but it seems no one has pointed out
>the fact that, using Japan as an example, their whole government is geared
>to working alongside the large corporations to achieve market share, while
>in America, the government seems hell-bent on slowly destroying whole
>industries with taxes, regulations, and interference, while passing
>protectionist laws benefiting only some powerful companies at the expense
>of American buyers.
>
>Left alone, I expect American companies could easily weather dumping from
>Japan or elsewhere.
I disagree. The Japanese culture is a great fit for producing consumer
goods--they have a quality fetish; highly socialized; highly aesthetic
sense; and their wages are lower. Their autos are clearly superior, as just
about anyone who have bought and driven many of both American and Japanese
cars can tel you (or Consumer Reports for that matter).
Whatever consumer products they target, they will dominate. Period.
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