Comment on Sony is raising all PS5 console prices in the US by $50, starting tomorrow
SpaceNoodle@lemmy.world 1 week agoWas that not a measured response to a failure to abide by an established agreement?
Comment on Sony is raising all PS5 console prices in the US by $50, starting tomorrow
SpaceNoodle@lemmy.world 1 week agoWas that not a measured response to a failure to abide by an established agreement?
UnderpantsWeevil@lemmy.world 1 week ago
Depends on who is telling the story. Japan / Korea were early instances of US industrial outsourcing. The consequences of the project was an economic boom during late 70s/early 80s in both countries, such that American politicians feared Japan and Korea would return to the world stage as independent regional powers. Reagan’s tariffs, the subsequent opening of Japanese import markets, and the further industrial outsourcing to China, the Philippines, and the rest of the South Pacific labor markets effectively clipped the wings of the Japanese/Korean wage laborer.
You could argue this was part of the “agreement” between Eastern Zaibatsu executives and Western investment banks. But I’d hardly call it a “measured response”. I certainly wouldn’t call it a policy that served the best interests of either Eastern or Western wage labor.