In the context of this discussion it's probably worth putting a link here to the PBS Frontline documentary
Coming from Japan.
This film is 30 years old now, and chronicles the decline and fall of the American TV industry (and consumer electronics as a whole). Spoiler: it was a long con by a group of Japanese companies, led by Matsushita, planned and executed for years: high prices in their protected market to offset losses from dumping products in the US, buy up the American companies as they began to fail, and shut them down. It was a brilliant plan that worked perfectly. The final nail in the coffin was when the Nixon administration traded the TV industry (via not enforcing tariffs) to Japan in exchange for permission to put a military base there.
This is, to me, a heartbreaking film. It's full of candid interviews with executives and employees of Zenith and Motorola/Quasar who are first sounding worried, and then alarmed, and finally defeated as their entire industry is dismantled around them.
So many great brands, that were part of communities, and stood for something, gone. Zenith, Motorola, Packard Bell, Admiral, Sylvania, RCA, Magnavox, GE...each of these were factories where American people worked, who bought parts from American companies, and employed American ad agencies, and transport companies, and on and on.