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From: tech@auvax.UUCP
Newsgroups: can.politics
Subject: Re: market crash
Message-ID: <394@auvax.UUCP>
Date: Thu, 12-Nov-87 13:39:04 EST
Article-I.D.: auvax.394
Posted: Thu Nov 12 13:39:04 1987
Date-Received: Sat, 14-Nov-87 11:39:36 EST
References: <170@bby-bc.UUCP> <1071@looking.UUCP> <5576@utcsri.UUCP> <2291@watcgl.waterloo.edu>
Distribution: can
Organization: Athabasca U., Alberta, Canada
Lines: 28

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,
> 
> 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

I have seen suggestions that Japan is already waning as a world force as
the standard of living and improved working conditions start to make them
less competitive against Korea, Taiwan, Hong Kong, and Singapore.  Therefore
the above is naturally correct.

The best way to compete against the world is to undermine their productivity
by raising their quality of life to equal that of ours.  That also truly opens
the world markets since you now have several billion people with the money
and spare time to make purchases above and beyond the subistance level.

Got that?  Good.

     *********	    73
    **********	    Richard Loken VE6BSV
   .      ****	    
  ..      ****	    Athabasca University
 ....     ****	    Athabasca, Alberta Canada
..........****	    ihnp4!alberta!auvax