However it would also naturally drive them to buy fewer things less frequently, which is anathema to capitalism in general. And indeed it would tend to slow innovation since a faster cycle gives new businesses more opportunity to replace an incumbent!
Note that this argument applies to software as well, although the "cost" to us is cognitive rather than economic.
Not necessarily. Such an effort would also have to go hand-in-hand with convincing local producers to make the very high quality goods you want people to buy.
I'm an American, but if I want high-quality, I tend to get Japanese stuff, since their culture seems to value quality more. American business culture seems to be more about cutting corners and settling for barely good enough in the name of short term profit.
Also, plenty made in the usa products are of high quality.
As for "Japanese" stuff, that's true: there's a bunch of Japanese-branded stuff that's made in China, and it's definitely not of the quality of Japanese-made stuff of yesteryear.
There are also problems with literal counterfeit Japanese products. One example I'm familiar with is Hakko soldering stations; it's apparently not to hard to find Chinese kock-offs who duplicated the case, packaging, and branding but otherwise use a substandard design with substandard components.
However, the people who posted about fakes all seemed to be saying the same thing: they bought it (usually on Ebay) from a seller in China.
Well, what do you expect?
Yes, if you buy something name-brand from a seller in China, who sends it directly to you from China, you can expect it to be a counterfeit.
Hmm, most of the mainstream are barely scraping along as it is, asking them to multiply their spend by a factor of 10 won't work unless their own fortunes also improve by a similar factor.