The Generalized Low-Quality Syndrome
Abstract The paper identifies and analyzes what it denotes the generalized low-quality syndrome of the US economy compared with other advanced economies in light of its recent and continuing quality problems. It first posits and demonstrates the existence of the generalized low-quality syndrome in the US economy presenting certain aggregate and specific indicators. Then it explores the effective or possible causes and explanations of the generalized low-quality syndrome, such as the exceptional structural-institutional properties and outcomes of the US economy. In general, the paper finds and infers that the overarching factor and predictor of the generalized low-quality syndrome of products, especially manufactured durable goods, is the structural property of the US economy and in extension the quality of life in American society in comparative sociological perspective by being compared to other Western societies.