On the Downhill – The North American Industrial Decline

I found this interesting article on ThomasNet.

IMT reader Nick Sevastian, a mechanical engineer by education who specialized in Special Purpose Machinery and has 27 years’ of experience, tries to pinpoint the reasons for “the American industrial decline� — especially in comparison with Japan.

Has anybody wondered why the Japanese automotive industry continues to gain market while United States automotive players keep losing it? While many of us have some answers, in my opinion nobody has put his or her finger on it, dotted the “i�s and crossed the “t�s. I will try to take a shot at it.

While his article is very interesting, even more interested are the pages and pages of responses it generated. Well worth taking a half hour some time and reading through.

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