70's American cars were not very far from this. The competition from Japanese manufacturers really helped to improve this. And ironically, the reason why Japan

70's American cars were not very far from this. The competition from Japanese manufacturers really helped to improve this. And ironically, the reason why Japan invested so heavily in high quality was to overcome their former image of low quality products that severely hampered their ability to sell to international markets. I am not a libertarian that holds a religious belief on the infallibility of the market, but a lot of times, the market gave us better outcomes than any regulation.