It is one thing China and India on their own developed capabilities to compete against the US. It is another when the US train the Chinese and Indian to catch up for the sole purpose of closing US factories and reap more profits on very low Chinese labor. Do you know who taught Japan how to catch up to the US, an American name Demming. He did a good job in taking out the US steel and auto industry.
Do you know who open factories to train Chinese workers on the latest manufacturing techniques during the 1990’s when the US was still making money on goods manufactured in the US. You guessed it, US corporations.
You don’t see Japan doing this. You definitely don’t see China doing this. Seen any Chinese technicians in your factory or office teaching you how to undercut Chinese manufacturing and IT business. The only Chinese I see is the one bringing cash to Wash DC and buying politicians. You see the Chinese businessmen remembers he is a Chinese first, second and third. Same with Korean and Japanese businessmen. American businessmen would serve to the highest bidder and profit. Profit first, second and third. Country, what country??? I will be an American when he is in trouble overseas and needs US Marines to save his axx!! Other then that he would screw America for a half of percent increase in profits.
Don’t like my viewpoint. Let us compare. US practices profit before nation business model, oops, economy blown, gov and corporations deep in debt, energy dependent, no rare earth mines and lots of Americans out of work. China practices business tempered by national needs, economy booming, gov flushed with cash, critical industrial resources secured and people working their axx off. In fact most of Asia is the only region left where the economy is still running. Rest my case.
Arthur Jensen from the movie “Network” (1976) basically summed up how American businessmen see things:
You are an old man who thinks in terms of nations and peoples. There are no nations. There are no peoples. There are no Russians. There are no Arabs. There are no third worlds. There is no West. There is only one holistic system of systems, one vast and immane, interwoven, interacting, multivariate, multinational dominion of dollars. Petro-dollars, electro-dollars, multi-dollars, reichmarks, rins, rubles, pounds, and shekels.
It is the international system of currency which determines the totality of life on this planet. That is the natural order of things today. That is the atomic and subatomic and galactic structure of things today! And YOU have meddled with the primal forces of nature, and YOU WILL ATONE!
Am I getting through to you, Mr. Beale?
You get up on your little twenty-one inch screen and howl about America and democracy. There is no America. There is no democracy. There is only IBM and ITT and AT&T and DuPont, Dow, Union Carbide, and Exxon. Those are the nations of the world today.
You do realize that US is a free country where people can do business with any other country? How would you have stopped professor Demming from going to Japan and teach them his theories? Put him in prison?
And on your point about Japan does not set up manufacturing in other countries, there are scores of manufacturing facilities owned by Japanese outfits in Viet-Nam, Thailand, even China & India. Labor costs in Japan are just too high to make profitable manufacturing of every product.
What are you talking about? When American auto-building labor became the cheaper alternative for Japanese companies, they set up factories all over the United States. Their efficient technology was taught to Americans, and it forced Detroit to keep up or perish. It was the sensible thing for them to do.
The laws of economics must be obeyed, otherwise any company that thinks that it can prosper with higher labor costs is doomed to fail. There is no magical pixie dust that says that American labor is unique and unsusceptable to competetion from the billions of smart people worldwide. They are going to have to earn a higher standard of living, and not carry a sense that the world owes it to them for being special.