interview > white > white 5
White 5 (1:16)
Topic(s): Auto Industry / Future Transport
© WGBH Educational Foundation
Please watch the clip first. If you plan to use it, review the Rules of Use, then click on the download button.
This clip is licenced under a Creative Commons Attribution Noncommercial 3.0 Unported License.
If you go to China, one of the centerpieces of
China's economic growth strategy is to develop a car industry. And, you
know, you can say, "Well, gosh, how 20th century of
them." But you know what? There's nothing quite like a car when it
comes to generating wealth and high, you know, high wages for people who have
been used to not earning high wages. I've been to a city in southwestern
China—Liu-Jo—where they build mini cars and they use a hundred dollars
worth of labor to build a $3500 car. And you think, well, that's,
that's awful. A hundred? You know, these poor people. What do you mean,
poor people? These are folks who walk to work. For them, this is a, this is a
big deal, having this operation in their town.
Until you—I think it would be very difficult to go to
some country, any country, China, the United States, and say, "You know
what, the auto industry is kaput, you've got to get rid of it. It's
killing the planet. Stop it now." It just would be very difficult. And it's
not like an iPod, it's not at all like an iPod. The economic impact is
much bigger and much harder to sort of imagine the American economy, or any
advanced economy, without an auto industry. I mean, a transition to something
new would be traumatic and would take some time.