If I own a reasonably successful business, and want the prestige / vanity of something like "Since 1953", could I buy a small / failing business in some small town and merge the companies? Would my company now technically be running since 1953? I have companies in both Japan and the US. It's a fun though experiment at the very least. I don't think I'd ever execute on something like this, but a software development ag…
Japan has 33k businesses at least a century old
101–110 of 272 posts
Re: Japan has 33k businesses at least a century old
#102Do you remember Ship of Theseus? The thought experiment about if a ship which has been fully rebuilt bit by bit is it still the same thing? Japan appears consistent in saying, yes, rebuilding or swapping out components keeps the identity. You see this attitude in "Japan's oldest temple, burned to the ground and rebuilt every 20 years". In the west we might argue that burning a building and rebuilding, would count as…
It's a shrine, not a temple, it's torn down, not burned down, and whether it's the oldest is a matter of whether you believe the legends.
Re: Japan has 33k businesses at least a century old
#103It's interesting about growing older. I don't know if this is a function of aging or a change in how humanity recons time. When I was younger, a century seemed like forever. Now it's just 1920 and we have film, music, audio, books and so on from that time period readily available. In many ways 1920 doesn't really seem all that far away to me while 1860, 1870, 1880 (a century from when I was a child) seemed to be fore…
Change is slowing down, at least in developed countries. A person from the US of 2020 would fit in right in 1970, and be able to adapt to 1920, but be lost in 1870. A person from 1970 would adapt a little quicker to 1920, but be almost as lost as us in 1870.
Re: Japan has 33k businesses at least a century old
#104Earlier quoted context omitted.
The parent comment implies these things would follow the old "seems like magic" trope. They would not seem like magic if you explained these concepts to (educated) people of the time.
I did not read that comment in that way. But I think you'd need to explain for a pretty long time to get engineers to believe your story of nuclear fission power plants. In 1912 we didn't even know about neutrons and protons.
Re: Japan has 33k businesses at least a century old
#105It's interesting about growing older. I don't know if this is a function of aging or a change in how humanity recons time. When I was younger, a century seemed like forever. Now it's just 1920 and we have film, music, audio, books and so on from that time period readily available. In many ways 1920 doesn't really seem all that far away to me while 1860, 1870, 1880 (a century from when I was a child) seemed to be fore…
I can't remember where i heard this from (it was a podcast) but it was on an economic theory that, if you exclude the internet & computer revolution, humans has not progressed that much in the past 100 years and that we may have entered a period of stagnant growth that may extend a century. Again, internet & computer revolution aside, realistically saying the last "human leap" was the invention of the combustion engi…
The SPT Airboat Line [1] was the closest to an airline in the US at the time. It operated 20 mile flights across Tampa bay for 6 months in 1914 before ceasing operations.
Flying from NY to LA was not happening on any regular basis, and took much more than a couple of hours. The first transcontinental flight in 1911 [2] took 80+ flight hours over more than a month. Fast forward to 1933, transcontinental passenger flights took 20+ hours [3]. Nonstops finally became available in the late 40s and early 50s.
[1] https://en.wikipedia.org/wiki/St._Petersburg%E2%80%93Tampa_A... [2] https://pioneersofflight.si.edu/content/first-american-trans... [3] http://www.boeing.com/news/frontiers/archive/2003/may/i_hist...
Re: Japan has 33k businesses at least a century old
#106Earlier quoted context omitted.
The parent comment implies these things would follow the old "seems like magic" trope. They would not seem like magic if you explained these concepts to (educated) people of the time.
I did not read that comment in that way. But I think you'd need to explain for a pretty long time to get engineers to believe your story of nuclear fission power plants. In 1912 we didn't even know about neutrons and protons.
Re: Japan has 33k businesses at least a century old
#107Earlier quoted context omitted.
But in the West, even if you just gave your business away to another person who continued to run it, we would still consider that the same business.
Indeed, the business would continue. The issue is that in the west business owners would not see the merit in just giving a business away for the sake of the age ticking up. In the west the business would get sold and merged. Only in Japan does the adoption make it a family or lineage thing.
Re: Japan has 33k businesses at least a century old
#108Earlier quoted context omitted.
> Only in Japan does the adoption make it a family or lineage thing. No. Every culture worldwide accepts adoption. A child, grandchild, nephew, etc, continuing a business keeps the business in the family. Whether the child is adopted or not, and regardless of the age of adoption.
You’re not understanding the difference: in most of the world, businesses are carried on because there’s some financial value derived from it, not for the thing itself. Family businesses do exist, and do get passed down, but if the owners of the business don’t have any natural heirs, they’ll wrap it up or sell it. That’s normal. In Japan, the longevity of the thing has a value of its own, so much so that they’ve inve…
Re: Japan has 33k businesses at least a century old
#109Earlier quoted context omitted.
What you're really describing is the stasis of the last 60 years.
You could argue that the world has gotten into some sort of "stagnant" period, despite the technological advances. E.g. We're no where closer to having a utopian-level of control over our government. Something that the rise of ubiquitous tech should have solved. On some level, we're all very averse to the notion as well, almost as if our attitudes to it have not changed and we have not worked on making tech good enou…
Re: Japan has 33k businesses at least a century old
#110Fun fact: The oldest continuous company in Japan (and the world), Kongo Gumi, was founded by a Korean immigrant. https://en.wikipedia.org/wiki/Kong%C5%8D_Gumi
Another fun fact: the oldest monarchy in the world was also founded by a Korean immigrant https://www.nytimes.com/2002/03/11/world/japan-rediscovers-i...