Post WWII, Japan was able to differentiate itself from other developing nations in becoming a major economic center precisely because it was the first to adopt

Post WWII, Japan was able to differentiate itself from other developing nations in becoming a major economic center precisely because it was the first to adopt American ideas such as the free market and free enterprise. A free market and a lack of regulations is what enables America today to be center for innovation when it comes to technology. Likewise, an uptick in regulation explains why car manufacturing is a stagnant industry in the US. Just to drive the point, the downfall of Detroit coincides timeline-wise closely with the city becoming a union town.