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I agree with most of it Steve.
Being in manufacturing myself I had to wake up to the fact that we can't get a fair, honest price for our work anymore. All this is due to third world wages that affect the cost of everything these days. How many industries have fallen in North America to this? Here we're fast becoming a services economy more than the manufacturing we used to be.
Sony, mighty as it is, is not immune to this. It has switched most industry to these countries, trying to beat others in the game. It worked for a while untill this staging down of industry has started to affect the balance between rich and poor. Middleclass is disappearing fast, moving to one extreme or the other. The greater number moving to the lesser side also moves buying power with it. That in return means less buyers for expensive luxury items, a market usually fed on by Sony.
Where is Sony going now?...Niche markets that it invents and services such as the sale of intellectual works. (music, movies and books)
Any manufacturer, how big it is, will have to switch to a service market. Even the creation, software and sciences domains, intrinsic parts of intellectual markets, will suffer. Third world wage workers outnumber us 100 to 1.
A balance will have to be reattained. But those who have will not give.
The rich will kill the planet and seem quite content do so, for their lives are short and plentifull. It is now a oneway railway...
Sorry about this...
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