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I'd love to see a product comparison. Other countries have different power and incentive structures. In Germany, both the state and labor are represented at th
by csours 1y ago
I'd love to see a product comparison.
Other countries have different power and incentive structures. In Germany, both the state and labor are represented at the ownership level. In Japan, corporate and social expectations are completely different.
Companies can also 'borrow from the future' by reducing R&D or stretching a product lifecycle from 6 years to 10 or more. Over that time, they will lose some market share as people lose enthusiasm for their product. Of course, if all the car companies had a 10 year product cycle, then consumers would pay less for engineering changes etc; but everyone has an incentive to 'defect' so they can capture more market share.
It is generally believed that competition benefits consumers overall; but there is no single system that will magically improve every metric.
If you've been satisfied with blaming an organization or a person, then an explanation can feel like an excuse, because I'm asking you to pick the problem back up again with added complexity.