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Industry Quotes

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Industry Quotes

“It certainly makes sense to expand the pulp industry in Indonesia, .. It's clear that it will be a very competitive exporter of pulp to the rest of the world, including China and India. So the interest by the Indonesian government is clearly to establish a really competitive plantation fiber base to support a globally attractive export industry.”

“You know, when I was in college, there was a big debate: Do unions raise wages? Well, with regard to industrial unions, there were arguments back and forth -- international competition. It is now clear, I think, that whether or not you think unions raised wages 50 years ago, the absence of unions and their weakness that is inflicted by anti-union public policy depresses wages. The fact is that people who are not represented, in the service industries in particular, are the victims of policies which depress their wages.”

“It takes time and experience to absorb new technologies, so technologically backward producers need a period of protection from international competition during this period of learning. Such protection is costly, because the country is giving up the chance to import better and cheaper products. However, it is a price that has to be paid if it wants to develop advanced industries.”

“U.S. labor leaders will realize that automation can multiply man's wealth far more rapidly than it is multiplying at present and that automation will leave all men free to search and research... Realizing the direct competition with foreign industry on a straight labor basis will mean swiftly decreasing wages per hour and longer hours and decreasing buying power of the public.”

“Let's face it: Most companies in most industries have a kind of tunnel vision. They chase the same opportunities that everyone else is chasing, they miss the same opportunities that everyone else is missing. It's the companies that see a different game that win big. The most important question for innovators today is: What do you see that the competition doesn't see?”

“As industries migrate toward the Far East, the future of many Western cities will no longer lie in manufacturing products but ideas and patents. Young, mobile elites can choose where they want to live, and they can easily move, which means that cities are involved in a heated competition for the best people. Only the most attractive cities can benefit from this development.”