Loss of market, and resulting unemployment, are not foreordained. They are not inevitable. They are man-made. The basic cause of sickness in American industry and resulting unemployment is failure of top management to manage. He that sells not can buy not.
Management obviously have an new job.
The fact is that management can not learn by experience alone what they must do to improve quality and productivity and the competitive position of the company. Everyone doing his best is not the answer. It is first necessary that people know what to do. Drastic changes are required. Long-term commitment to new learning and new philosophy is required of any management that seeks transformation.