Studies on Slack
Astral Codex Ten Podcast
00:00
The History of the International Automobile Industry
Post World War II Japan placed high tariffs on foreign cars, giving local companies like Nissan and Toyota a chance to get their act together. These companies invented a new form of auto production which has actually much more efficient than the usual American methods. They started exporting cars to the US, although American tariffs put them at a disadvantage, they were so much better than the American cars of the time that consumers preferred them anyway. After decades of losing out, the American companies adapted a more Japanese ethos and were eventually able to compete on a level playing field again.
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