tag:blogger.com,1999:blog-3691535.post8887194460428481758..comments2023-10-19T21:43:02.001+08:00Comments on Dunner's: I Hate To Say I Told You So...JDsghttp://www.blogger.com/profile/04735390644321868222noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-3691535.post-53665966561428748002008-12-09T18:39:00.000+08:002008-12-09T18:39:00.000+08:00The answer could be simple if you think that livin...The answer could be simple if you think that living on debt or making money from money are moral issues. Why do we continue to oppose economic and philosophical categories? We continue to make a distinction between economic-financial matters and moral matters with hindsight. Opposing those matters may make things more complicate and tend to create problems rather than solve them. In trying to fix this crisis we should be a bit more forward-looking and holistic. Yet, these days economists seem to be oriented too much to the past and their schools of thought. <BR/><A HREF="http://mgiannini.blogspot.com/2008/12/what-is-moral-issue-philosophers-vs.html" REL="nofollow">Why economists versus philosophers?</A>M.G. https://www.blogger.com/profile/14140876295753661499noreply@blogger.comtag:blogger.com,1999:blog-3691535.post-45201015006988532982008-09-29T01:34:00.000+08:002008-09-29T01:34:00.000+08:00There are many more ways to compete - in any indus...There are many more ways to compete - in any industry - than just on cost. The classical Chinese texts on management (which are popular here) give 36 competitive strategies. Read the <A HREF="http://www.icmrindia.org/free%20resources/casestudies/xerox-benchmarking-3.htm" REL="nofollow">Xerox case study</A> (also <A HREF="http://www.agility.com.au/bench.html" REL="nofollow">here</A>) to see how Xerox was able to regain its competitive advantage even though its Japanese competitors at the time were kicking its butt, including on the basis of cost.<BR/><BR/>The real problem Western businesses face against Asian businesses isn't cost, it's the fact that Asians are extremely competitive, far more so IMO than Westerners. They have to be; there are so many people here you have to be the best if you want to succeed. Some people will go to incredible extremes just to get a job (like potentially deforming surgeries). In Korea, my colleagues and I used to say, if we started up our own restaurants using Korean customer service techniques like those used in the restaurants there, we would make a fortune. The problem isn't here; the problem is largely the attitude back home.JDsghttps://www.blogger.com/profile/04735390644321868222noreply@blogger.comtag:blogger.com,1999:blog-3691535.post-46011082363288574682008-09-28T05:11:00.000+08:002008-09-28T05:11:00.000+08:00Don't Western countries need to ban Chinese goods ...Don't Western countries need to ban Chinese goods if they are to rebuild their own productive economies?<BR/><BR/>First world countries can't compete with 10 cents per hour workers...Anonymousnoreply@blogger.com