Murray Low on Globalization and American Business

Murray Low: Well, there is no sort of corner to hide anymore. We really live in-- your competitor is not down the street or not down in the next state, it’s around the world. And so it means that you can’t just be okay anymore. And I’d say in the time period like after the-- I mean, America emerged out of the second World War with the greatest manufacturing infrastructure in the world and kind of rode on that wave for maybe 30 or 40 years. Today, we no longer have the best manufacturing infrastructure in the world, and we have to compete with the best and the brightest around the world. A big issue for us, I think, is there are people out there that are just as smart as us that are much hungrier than us and much more determined to get their piece of the American dream, which is no longer in America. And I think there’s, in the next 10 or 15 years, there’s a huge wake up call for Americans to realize that they are competing in a global world with people who are every bit as smart and probably a lot hungrier and more dedicated to getting up in the morning and working hard.

 

You can't hide anymore, says Low.

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