Reply #3: JMHO, The idea of "Competitive Advantage" was redefined or misuderstood [View All]

[54anickel]

It was meant to mean that countries would concentrate their production on what they did best and what was the best use of their resources - sort of a specialization ideology.

Corporations only looked at the single advantage of cheaper with less regulation - sort of a exploitation ideology. Not the best use of resources, but the cheapest use of resources.