Wednesday, June 16, 2010

When American business led the world

There was a time when America was the envy of the world when it came to technology, manufacturing, entertainment and about every other category.  We still are, to some extent, but I can point to many industries where that is not even remotely true.  Look at automobile manufacturing.  GM and
Ford have long since been surpassed by Toyota, Honda, Hyundai and Mercedes Benz.  And now that particular business has come almost full circle and are now building cars in major plants in the US...many of them within a few hours' drive of where I live.
Here's another example that is near and dear to my heart.  I remember when American radio broadcasting was undeniably the leader in the world.  Our free-enterprise system--as opposed to government ownership of media so prevalent in most other countries--led to creativity and innovation.  If, for a second, you think it is still that way, then click HERE and watch the interview linked in the middle of the page. 
I had the pleasure of traveling to Australia several years ago and visiting with many Australian broadcasters.  They were full of questions about media in the USA, how we did it, what we thought the future held. 
Based on the linked interview with an exec from Austereo, a large broadcaster in Australia, it appears we should be full of questions for THEM!
Don Keith

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