Relay-Version: version B 2.10 5/3/83; site utzoo.UUCP Path: utzoo!utgpu!water!watmath!looking!brad From: brad@looking.UUCP Newsgroups: can.politics Subject: Re: market crash Message-ID: <1111@looking.UUCP> Date: Mon, 9-Nov-87 19:23:23 EST Article-I.D.: looking.1111 Posted: Mon Nov 9 19:23:23 1987 Date-Received: Wed, 11-Nov-87 00:35:59 EST References: <170@bby-bc.UUCP> <1071@looking.UUCP> <5576@utcsri.UUCP> <1078@looking.UUCP> <2291@watcgl.waterloo.edu> Reply-To: brad@looking.UUCP (Brad Templeton) Distribution: can Organization: Looking Glass Software Ltd. Lines: 23 In article <2291@watcgl.waterloo.edu> idallen@watcgl.waterloo.edu (Ian! D. Allen) writes: >In article <1078@looking.UUCP>, brad@looking.UUCP (Brad Templeton) writes: >> [...] >> With low internal wages, almost feudal-style industrialism, >> an extremely agressive export program and (at first) free access to the >> world's largest markets, they manufactured first the cheapest, and later the >> highest quality goods in several industries. >> [...] >> What does this suggest about the value of free access to the US market? > >It suggests that the best way to compete for the US market is to >encourage low wages and an almost feudal-style industrialism? >-- > -IAN! (Ian! D. Allen) University of Waterloo Yes, if Canadians want to work for $1 per hour in Japanese style companies, then we too can have the export success of Japan. Point is Japan got where it was through the combination of a number of factors, and access to the US market was one of the more important ones. Perhaps all are needed, and we should learn to speak Japanese. I think that the kind of innovation ecouraged by free enterprise is a suitable substitute for cheap labour. -- Brad Templeton, Looking Glass Software Ltd. - Waterloo, Ontario 519/884-7473