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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: dvdw© who wrote (207415)	12/2/2002 12:06:11 PM
From: Lizzie Tudor	Read Replies (1) of 436258

That was Lester Thurow, dean of MIT Sloan business school, he wrote the "zero sum game" in the late 80s (and maybe coined the term- I'm not sure) Actually my feeling at that time was that he was mostly correct- in 1989 or so Japan was dumping consumer electronics on the US and some industries that the US had invented (videogames + consoles- remember Atari?) were completely destroyed. But then, if I remember correctly the US devalued the dollar, which blew Japan's sky-high investments in US property and art away... and we started selling a ton of stuff for even cheaper than Japan could dump it. Anyway that was ancient history and now in retrospect it seems obvious that Japan is too xenophobic to dominate the worlds economy again. China another matter though, except my guess is China remains a manufacturing outlet for the best goods with US as engineering HQ. The future is software anyway which is something the Chinese have never excelled at. BTW I still don't think the chinese can manufacture as efficiently as Dell so there are ways to beat them at their game by employing technology if a company really wants to invest. Lizzie

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