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Sunday, January 24, 2021

MICHAEL PORTER

 

Thursday, April 28, 2011

RE PAIN AT THE PUMP? NYT EDITORIAL WE NEED MORE globalism A JAPANESE PLANT STRUGGLES TO PRODUCE A CRITICAL AUTO PART

These gurus, Porter etc,  want us to be better able 'to compete globally', with smart energy.


Porter gave us that classic of global market capitalism The Competitive Advantage of Nations, with a bunch of illuminating diamonds........ 


With some of Porter's schema, could a smart government policy pick winners? (If not, then what is the point anyway?) 


Nothing rational, based on his insights (but, re promoting domestic industrial and commercial export/import substitition; rather than globalistic initiatives), nothing rational, has ever been tried here, can be tried here now, if ever.


I will give the example of why such a rational policy is desperately needed in this ever so fragile global economy, also from the NYT today:


' A Japanese Plant Struggles To Produce A Critical Auto Part '


Apparently this one globalist bottleneck is holding up world auto production in many countries at once. 


Great entrepreneurial planning and thinking going on here.


Terms search many terms here.


Here is a reference to Porter in Thurston's rant:

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