The Japanese have foolishly started paying women to have more babies.
Talk about short-term (and wrong) thinking. Having more people just drains resources, and will make it more difficult to survive the coming oil starvation. Japan should allow the population to decline.
Quote:
Originally Posted by Whiterook
all want their companies to be paternal, stable, and with a long term view into the future. They are very willing to sacrifice short term gains for long term stability.
|
Whereas Americans focus on "getting rich quick" instead of earning money slowly over time.
Quote:
|
Japanese companies can go down the toilet, but more frequently all the stops will be pulled out to prevent this; again, that stability thing they care so much about.
|
Whereas Americans use a Darwin approach: The company either survives in the market, or it dies. And the companies that survive are stronger & more efficient.
Frankly there are a lot of companies I'd like to see die,
rather than follow the Japanese approach of saving them.
Many companies deserve to disappear forever.