Originally posted by Aristophanes ..
I also bet this was done by the Japanese headmasters, not by their North American subsidiary. There is intense frustration in Japanese companies with the Amazon-driven, low price, consumer discount philosophy market structure in the US, spreading elsewhere (Latin America, UK). They are desperately trying to reel it in to a more "traditional" model, but largely failing.
Because US legislation is stupid enough to allow such thing to demolish its economy in the long run. After the .com Wild West phase, now there must be some kind of price parity between online and B&M stores set in place and enforced by law.
Or otherwise, you'll order you bread online in a few years, and feed on thin air.
Rules must change because that what we have now is the race to the bottom, utterly stupid, irrational and anti-economic.
See
just one consequence of that race to the bottom: companies are left with no margin much needed for shifting into more environmentally sustainable economy modes of operation. If law reinforces that side of the equation, and allows total chaos on the other side, there's no economy, no future. Companies must start tightening belts and lay off people to get the money. And that's what you have now.
Now, let's think again: does it make sense to order a camera for cheapest possible price from some cutthroat idiot online? Your partner, dad, brother, etc. will lose their job tomorrow because of that, and your kids will have bleak environmental future.
Japanese companies' business model is not 'traditional', or 'oldfashioned' — it is sustainable. But what we want from them is not sustainable. It's ludicrous. For example, one reason I refuse buying Korean companies tech products (Samsung et al) is because their tech companies build their economy on: 1) clear theft of the IP, for which one needs good money to invest otherwise, and 2) cutting the margins needed for faster environmentally more sustainable practices and models. I'd gladly erase some Chinese made products from the list because of the both, but today absolutely everything is made in China. Then at least I try to buy from B&M shops, at a full asking price. I pay more, but I keep using it longer.
But US legislation is totally unaware of that economic fact because from the 1980s, the US has steadily demolished its own industry, from which it could learn more about sustainability, and didn't catch up with the rest of the world in the last 30 years either. Britain you mentioned above did the same, totally demolished its industry prospects and much needed learning. The cause? Reagan / Tatcher duo from 1980s brought you this. It's still not too late to fix it — if there's will.[/QUOTE]