By Ravi Palat
This booklet situates the evolution of capitalist economies alongside Asia's Pacific Rim after the second one global conflict inside broader international, political and monetary alterations. in particular, it charts their development on the interface of periodic crises and successive waves of restructuring, and hyperlinks alterations on this planet financial system to shifts in local dynamics in east and southeast Asia. It means that whereas the growth of jap company networks used to be an important to the emergence of the sector as a reasonably cheap exporter to the realm, the reintegration of China into the area marketplace will loose the zone from its dependence at the US as a marketplace of final inn.
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Extra info for Capitalist Restructuring and the Pacific Rim (Routledgecurzon Studies in the Modern History of Asia, 19)
The smaller, more laborintensive, and skilled nature of industrial enterprises in Europe meant that the laborforce had considerable control over the pace and content of their work, and as unions were organized around crafts the labor movement could more adamantly resist the introduction of any technology which would decrease shop-ﬂoor control or wages, reduce employment, or cause deskilling. Except for Volkswagen, European manufacturers in the automobile industry, for instance, produced well-crafted, expensive vehicles until the Second World War when civilian automobile production stopped altogether, in contrast to the mass-produced vehicles of US manufacture.
1991: 9, 30, 78, 124; Henderson, 1989: 43). If the business traditions of manufacturers in the Midwest were simply not suited to the Cold War imperatives of maintaining a technological lead over the Soviet Union, the creation of new production complexes in the industrial heartland was also impeded by the dominance of the area’s resource and capital markets by strong, well-established industries ﬂush with pent-up demand for their ‘traditional’ products. In contrast, the nascent aerospace companies of California were ideally positioned to exploit the increased strategic importance of automated warfare, especially since the development of jet engines and missiles required large open spaces for testing while low rainfall and good all-year ﬂying weather provided ideal conditions.
Above all, the strategic imperative of continually making improvements in technology spawned a new organizational network of production, very different from the mass-production units archtypical of the Midwest which had propelled the United States to global hegemony. If the peculiarities of military production – the need for secrecy, for the construction of huge, expensive, experimental facilities to test aircraft and missiles away from prying eyes, small-batch production, experimental fabrication of materials and parts, and the emphasis on performance rather than costs – favored the distribution of prime contracts to a few major corporations, the pressure to innovate privileged small contractors who monopolized the manufacture of certain specialized parts.
Capitalist Restructuring and the Pacific Rim (Routledgecurzon Studies in the Modern History of Asia, 19) by Ravi Palat