Earlier quoted context omitted.
I've noticed the most effective managers I've worked with came from calm low-stress countries with similar work cultures - maybe the key to solving crunch and burnout is to create a regulatory environment where a worker's entire livelihood (health, rent, loan payments towards public universities etc.) is not solely dependent on keeping their job?
"But of people aren't mortally afraid, they won't work hard enough!" - American capitalism I once had a manager (not my direct manager) tell me "maybe some fear is good?" No, it's not. Fear is useful for outrunning predators, but it is a useless emotion for programming computers. Unfortunately that particular phrase had come to that manager from the CEO, so, yeah. That company is a mess of short termism and hasty irr…
So he came to tell us to not worry, for now the company has money problems but soon™ the company will be doing fine and we'll all be fired!
How emotionally incompetent do you have to be to think this is good news?