The Positive Sum Strategy Harnessing Technology for Economic Growth (1986) / Chapter Skim
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Dangers in U.S. Efforts to Promote International Competitiveness
Dangers in U.S. Efforts to Promote International Competitiveness
Pages 527-534
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From page 527... ...
The Gird and current period, which dates from 1977, marks a new resurgence, this time driven by concerns about industrial competitiveness. The chapter by Milton Katz describes a shift in legal thought that roughly paralleled He shift in financial support noted by Brooks.
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From page 528... ...
BACKGROUND OF U.S. COMPETITIVE DECLINE I find a statement by Milton Katz particularly interesting: it is his assertion that what set us up for the initial shift in legal thinking that he describes the shift from an emphasis on promotion of growth and innovation to an emphasis on equity and rights was the overwhelmingly dominant position of the United States as it emerged from World War Il.
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From page 529... ...
In reading various reports on the recent performance of major U.S. industries, especially their accounts of the sources of the remarkable Japanese productivity improvements, one quickly sees Hat He productivity improvements derive primarily not from an emphasis on major innovations and big breakthroughs but from patient, across-~e-board efforts to improve production processes and to develop moderately innovative products that meet genuine consumer needs.
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From page 530... ...
The various studies describing the erosion of competitiveness in the U.S. steel industry show that it took our industry 20 years of hard work to turn an overwhelming competitive advantage one that allowed us to compete successfully in the face of a 10-to-1 wage different~al favoring the Japanese" into massive uncompetitiveness uncompetitiveness that prevents us from competing successfully against a 2-to-1 Japanese advantage in labor costs.
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From page 531... ...
industries and their determination to fight what they believe are its unjust causes, definitions of "dumping" and "predation" have been made stronger, so that the test for them resembles the tests applied by the domestic antitrust laws to "price discrimination" and "predation'' 30 yews ago. Indeed, it is no longer even necessary for a domestic industry to prove that a foreign industry is doing anything "unfair" lower than merely exporting goods to the United States)
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From page 532... ...
Katz refers to this fact when he observes Hat the flood of litigation we all bemoan is the price we pay for our unwillingness as a nation to turn the solution of complex issues of government over to a professional bureaucracy. In a recent book, Harvard Business School Professor Joseph Bower has reflected a similar sentiment in a chapter titled
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From page 533... ...
In breaking free from England, we were in large part breaking free from a highly professional government bureaucracy whose task was seen to be promoting industrial competitiveness the competitiveness of British industry at the colonies' expense. We set up a government specifically designed not to promote efficiency but to prevent the arbitrary exercise of power by ~ovemment off~cials, elected and unelected.
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