] The toy association has lost members whose business
] evaporated because their top-selling products were
] duplicated for Wal-Mart by lower-cost manufacturers in
] China, Mr. Conley said. He said he worried about the
] future of innovation, since smaller companies tended to
] be the ones with the smart new ideas. "If they can't
] survive and innovate," he said, "what's going to happen
] to the business?"

*THIS* is the real threat of global marketeers like WalMart and Microsoft. This same effect will happen to other industries in the near future, and it will ripple through large swaths of the economy as industries are disrupted by it. Full tilt growth has it's price.

More Gloom on the Island of Lost Toy Makers