Top positive review
7 people found this helpful
A Gaijin that understands......
on July 7, 2006
This is a good book following the same premises as earlier works. It amazes me the scorn Eamonn has recieved from naive reviewers who clearly have limited knowledge of Japanese business approaches and government practices, let alone U.S. hard industry facts.......The U.S and Japan economic drivers vary greatly as they measure themselves quite differntly despite the attempts of most so called western experts trying to interpret the strengths of the japanese economy....I suppose these reviewers dont consider the growing japan trade deficit a problem either, which by the way is less than China's..The key US/Japan differences: Government models. Advanced manufacturing and a flexible pro-business government were cornerstones for Americas rise to power and leadership...japan is now more effective in these areas than the U.S with respect to sustaining key industries....No nation has ever lead the world w/o a strong manufacturing base, period...we are clearly in decline in this area, and U.S. politicians, business leaders etc., fool the uneducated mainstraim with explainations like wage issues and outsourcing when the failure or political inability to invest in large capital costs for U.S. factories and retooling are of primary issue, which REMOVES the key high wage jobs from our middle class. Many of our industries are now hollowed out with key outsourcing dependencies forcing much smaller margins than our competitors, and weakening any prior political clout...Dont believe me...ask Westinghouse, or any U.S. LCD firm what percentage of the $20B LCD market they own, and what they expect in the future...afterall, Westinghouse developed LCD technology (answer: close to zero)....Advanced Manufacturing prowress has always been an economic weapon. The lack therof has splintered to become larger issues in the economy, and product development areas, as well as national security vulnerabilities..... Alexander Hamilton would role in his grave if he were alive today. And he would certainly work closely with Eamonn to fix our mess if its not too late already..