51–60 of 111 posts
If your concern is about Japan's welfare, how about instead selling your startup to the large company?
Earlier quoted context omitted.
China owns GM. http://qz.com/594984/the-secret-history-of-gms-chinese-bailo... ;
Even more scary for Detroit, once the American public figures out Tesla is actually more American made than the big 3 they will feel no guilt in buying Teslas instead. This is especially the case if we start losing a bunch of coastal areas and the big 3 look apathetic about their role in global climate change.
Earlier quoted context omitted.
>Once you're in, the nanny corporation will take care of you for the rest of your life. The flip side of that is if you quit you will never be offered another salaryman job. By anyone. I wouldn't start a business in Japan unless I was already unemployed.
Is this really true? (I have no idea, it just sounds so implausible that I feel like I have to ask.) Is there any good reading on this topic?
Meanwhile, you manage to secure venture-capital funding and even a bank loan. The interest rate is high, but with your rapid growth, you should be able to pay it back. Meanwhile, in the Japan some of us actually live in: 1) Very few 26 year olds will be successfully able to convince their 26 year old co-workers to leave Sharp, because that is a once-in-a-lifetime mistake. I am literally related to a $ANONYMOUS_FOR_SA…
The above article is best understood as a political piece, rather than a business story. Every single sentence in this article can be picked apart, but doing a line-by-line critique would miss the larger problems with the article. The author assumes that more productivity is always good, even though Japan has been suffering a lack of economic demand for most of the last 26 years. Big gains in productivity would only…
Where does the money to subsidize those jobs come from? Are you seriously suggesting that sucking subsidy money out of the productive economy to pay for those jobs is not depressing demand? All our economies could do with some of this magic money, it sounds like it would solve all our problems.
>...More so, Japanese electronics firms still hold great global market share...
Japan functionally has two economies, an export economy and a domestic economy (of course they're not completely decoupled, as Sharp shows). It's managed to maintain a fairly competitive export economy because those companies have to cope with foreign competition, but the domestic situation has festered for a whole generation. It seems like China is following the same pattern.
Earlier quoted context omitted.
>Once you're in, the nanny corporation will take care of you for the rest of your life. The flip side of that is if you quit you will never be offered another salaryman job. By anyone. I wouldn't start a business in Japan unless I was already unemployed.
Is this really true? (I have no idea, it just sounds so implausible that I feel like I have to ask.) Is there any good reading on this topic?
It's not like nobody ever gets laid off or quits. But that's the expectation.
Earlier quoted context omitted.
Even more scary for Detroit, once the American public figures out Tesla is actually more American made than the big 3 they will feel no guilt in buying Teslas instead. This is especially the case if we start losing a bunch of coastal areas and the big 3 look apathetic about their role in global climate change.
Tesla's prices need to fall by at least 75% before Detroit has anything to worry about.
http://www.techinsider.io/we-now-know-when-teslas-cheaper-mo...
Two things are at play:
1. Tesla doesn't really give a crap about owning the entire market. If their competition causes the big 3 to build low cost zero-emissions vehicles, then Tesla has fulfilled their part of Elon's goals towards saving the world. Basically, putting a stake in the heart of the internal combustion engine and putting automotive economies of scale behind battery and energy storage development.
2. Cheap cars have awful margins, only worth playing in at scale. SUVs on the other hand are hideously profitable. The sport SUV has been the savior of BMW and Mercedes over the past decade, with high margins versus their cars. Porsche got in on this and built an SUV, now Lamborghini is too, margins are just too good to ignore.
Tesla's pursued an Intel-like tick-tock strategy, where they shoot at the high end to make money and get performance knowledge (Roadster, Model X) and with the cash reserves take their next model downmarket (Model S, Model 3).
Earlier quoted context omitted.
So the issue is - is it possible to produce a valid measurement? In scientific method, part of an experiment involves a control. There's no way to produce one in economics - the systems are too complicated. You can't know whether measurements you take are the result of your change directly, or caused by network effects of the change as part of other things going on, or just weather from unrelated things happening in…
I'm not sure if the response to difficulties in measurement is to build a system out of faith and assumptions. We can analyze different policy decisions, either by modeling human behavior (based on experiments which can be controlled and analyzed), or through natural experiments (e.g., What happens when a bunch of states and municipalities alter their minimum wage policies?)
The above article is best understood as a political piece, rather than a business story. Every single sentence in this article can be picked apart, but doing a line-by-line critique would miss the larger problems with the article. The author assumes that more productivity is always good, even though Japan has been suffering a lack of economic demand for most of the last 26 years. Big gains in productivity would only…
If the goal of Japanese policy makers is to boost demand, and that does seem like a wise goal, then keeping 50,000 workers employed at Sharp seems like a smart bet, compared to keeping 100 people employed at some nimble, fast-moving startup. If you want to make sure people have money so that demand is increased then just give them money, don't keep useless jobs around. the USA was able to sell its stake in GM at a pr…
Ideally yes, but that's politically difficult.