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Why Japanese companies do so many different things

davidoks.blog

241–250 of 439 posts

Re: Why Japanese companies do so many different things

#241

Earlier quoted context omitted.

Japanese and American companies have different purposes. In Japan the corporation primarily provides stable income and employment for society, and secondarily returns on capital invested. In America, corporations primarily provide returns on capital invested and secondarily provide stable income and employment. This shows up in the data too. Japanese corporations are less likely to go out of business but provide wors…

>Japanese and American companies have different purposes. In Japan the corporation primarily provides stable income and employment for society, Are you Japanese? Because this doesn't match what I know about Japanese companies, like Sony for example, who operate in a very American way. Your image on Japanese vs American companies feels like the copy and pasted idealistic impression of what American redditors imagine J…

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Re: Why Japanese companies do so many different things

#242

Earlier quoted context omitted.

Japanese and American companies have different purposes. In Japan the corporation primarily provides stable income and employment for society, and secondarily returns on capital invested. In America, corporations primarily provide returns on capital invested and secondarily provide stable income and employment. This shows up in the data too. Japanese corporations are less likely to go out of business but provide wors…

>Japanese and American companies have different purposes. In Japan the corporation primarily provides stable income and employment for society, Are you Japanese? Because this doesn't match what I know about Japanese companies, like Sony for example, who operate in a very American way. Your image on Japanese vs American companies feels like the copy and pasted idealistic impression of what American redditors imagine J…

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Re: Why Japanese companies do so many different things

#243
post #205

Earlier quoted context omitted.

The recent Abundance movement on the left argues strongly that progress has been held back by over regulation and bureaucratic processes.

Does it? I’ve seen Ezra Klein talk about his book and he talked about how bureaucracy is frequently a scapegoat for getting things done. Europe is very bureaucratic yet is able to build. The issue he called out is red tape yes but more so litigation by the private citizen. That any individual can stop an apartment being built because it blocks morning light into their flower bed

Those law suits are made possible by the regulations.

Re: Why Japanese companies do so many different things

#245
post #7

It’s always fascinating to see how Westerners idealize Japan on platforms like HN. It makes me wonder(i'm korean): how would a Westerner react if they saw me romanticizing the Mondragon cooperatives in Spain? They’d probably find it strange and out of touch with reality. This essay on Japan's corporate diversification and physical tacit knowledge is an interesting read. However, as an East Asian, my assessment is tha…

> It makes me wonder(i'm korean): how would a Westerner react if they saw me romanticizing the Mondragon cooperatives in Spain? They’d probably find it strange and out of touch with reality. Quite the opposite - for me, anyway. FWIW, as a Westerner, I find the Mondragon Corporation to be fascinating and something I've read a lot about because there's no way we've figured out the ideal sort of setup for a business (or…

This is a good approach.

That said... It's hard to deny the romanticization and projection point above.

Beer goggles can be a mind expanding POV, but you need to be aware of it or you just end up being wrong for silly reasons.

A sober look at different is a good thing. Ooh... I agree that better and more advanced org concepts are likely still to be developed. But Otoh...

Re: Why Japanese companies do so many different things

#246
post #7

It’s always fascinating to see how Westerners idealize Japan on platforms like HN. It makes me wonder(i'm korean): how would a Westerner react if they saw me romanticizing the Mondragon cooperatives in Spain? They’d probably find it strange and out of touch with reality. This essay on Japan's corporate diversification and physical tacit knowledge is an interesting read. However, as an East Asian, my assessment is tha…

I think one thing that's happening is that they're good at things we're frustratingly bad at, and bad at things we don't even realize we're good at, so they get used as an example an awful lot.

Re: Why Japanese companies do so many different things

#247
post #227

Earlier quoted context omitted.

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How does the "concentration" of gamedev jobs look like ? In US and I think in most of EU countries that have noticeable gamedev it is usually concentrated in very few cities, so changing job does not necessarily consist a move. But other industries similarly usually have a niche and sometimes whole towns that rose around it. I think main difference is that there is very little tradition of company thinking they own s…

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Re: Why Japanese companies do so many different things

#248
post #7

It’s always fascinating to see how Westerners idealize Japan on platforms like HN. It makes me wonder(i'm korean): how would a Westerner react if they saw me romanticizing the Mondragon cooperatives in Spain? They’d probably find it strange and out of touch with reality. This essay on Japan's corporate diversification and physical tacit knowledge is an interesting read. However, as an East Asian, my assessment is tha…

As a westerner (UK) I massively idealise Mondragon and wouldn't find it weird if anyone else did. Cooperatives are fascinating and the question of workplace democracy needs more consideration.

Re: Why Japanese companies do so many different things

#249

If a corporation does not have an incentive to make money, it will not align its priorities correctly. For every neatly diversified company you have 10 zombie companies with workers floundering around like ants without a queen.

If a corporation has an incentive to make money, it will align its priorities towards making money. Question is: are "making money" and "correct priorities" synonymous? You use "zombie companies" as a universal pejorative and suggest we should all be instead worshiping at the alter of economic efficiency, JIT-delivery, and maximizing shareholder value without really considering the critiques there. Yes, the "zombie c…

a poor population will eventually become an unstable one.

In Japan's case, quite literally -- as their population distribution looks like its about to topple over.

Re: Why Japanese companies do so many different things

#250

Earlier quoted context omitted.

Japanese and American companies have different purposes. In Japan the corporation primarily provides stable income and employment for society, and secondarily returns on capital invested. In America, corporations primarily provide returns on capital invested and secondarily provide stable income and employment. This shows up in the data too. Japanese corporations are less likely to go out of business but provide wors…

>Japanese and American companies have different purposes. In Japan the corporation primarily provides stable income and employment for society, Are you Japanese? Because this doesn't match what I know about Japanese companies, like Sony for example, who operate in a very American way. Your image on Japanese vs American companies feels like the copy and pasted idealistic impression of what American redditors imagine J…

The idea that Japanese companies provide more stability and lower returns on capital isn't a hypothesis, it's backed up by data

https://www.nber.org/papers/w1762

https://ideas.repec.org/p/iza/izadps/dp6183.html

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