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The New Capitalism is Japanese

Dogen Z

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Michael Porter discovers Konosuke Matsushita

In a recent issue (Feb.?) of HBR, renowned professor Michael Porter, who wrote "Competitive Advantage" and developed five-factor industry analysis, co-authors an article on the new capitalism. The old Anglo-American model, based on greed and avariciousness, which are euphemistically termed "self-interest," and on infinite growth led to the collapse of the financial industry and the Great Recession. The old capitalism, which advocated that firms should only maximize shareholder value, is now in deep disrepute. In the new capitalism, according to the authors, firms should try to maximize shared values that include social and other human values of concerns. Under the old capitalism, these were known coldly as "externalities."

Prof. Porter should familiarize himself to the philosophy of Konosuke Matsushita, founder of Matsushita and Panasonic. It is more or less in keeping with what is being touted as the new capitalism. For example, National Panasonic's credo states, "Profits should not be a reflection of corporate greed, but a vote of confidence from society that what is offered by the firm is valued." Matsushita had similar thoughts about the purpose and nature of organizations, and I encourage Prof. Porter to read up on it. Matsushita's line of thinking is more or less what is considered Japanese capitalism. So once again Japan proves to be ahead of the curve.
 
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Astroboy

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Michael Porter discovers Konosuke Matsushita
In a recent issue of HBR, renowned professor Michael Porter, who wrote "Competitive Advantage" .... Matsushita's line of thinking is more or less what is considered Japanese capitalism. So once again Japan proves to be ahead of the curve.

So you are realizing what is Japanese capitalism. But I must tell you it's not a new, but one of oldest and common here. Only foreigner didn't know it. 🙂
 

Dogen Z

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I still haven't given up on the old capitalism. Many bankers in the U.S. and U.K. still get multi-million dollar bonuses while the working class struggle. As they say, "Love may come and go, but greed is eternal."

However, I think China would like to adopt Japanese capitalism where the CEO's don't get more than 20 times the lowest worker's salary. It would help to prevent outbreaks of the "Jasmine Revolution."
 

minimalist

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Many people following the common thought they work in a wheel made by the system in wich need to work,to produce to consume. It sells their time for a waged work, many times neglecting our affections and passions, don't realizing that the real wealth is a full life of passions in wich you manage your time,stay with our family, to do that that you have always dreamed, just changing our way to see the things get out by this wheel minimalist generation home :)
 

minimalist

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We want a different world but what we are doing because what happens? Before purchasing a product we should be asking questions, looking that behind that product there hasn't been no labor exploitation or environmental. Buy local products avoid aggravating the pollution of goods travelling from one side to the other of the planet. Buy fair trade goods will help manufacturers to ensure their right and improve their economic conditions. We could also self-produce many of the things we need, recovering a manual ability that is being lost. In a world with limited resources, buy less things but quality or also don't buy at all
minimalist generation home :)
 

tokkyo

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Ahead of the curve? The Japanese economy has barely grown for 20 years, its major companies are sinking, the government has the highest debt in the world, and Japan is "ahead of the curve"?
 

caster55

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Tsunami snatched many coastal towns and people life away in an instant, and destroyed the nuclear power plant.
The long history, the tradition, and the modernized society for what 100 years disappeared in several hours.

The countries which give up nuclear power including Germany increased, and Japan also excepted nuclear power from the future source of main electric power.
abandoning nuclear power generation leads to aggregate supply reduction simultaneously with the cost escalation of energy, and makes reduction of economic magnitude unavoidable.

History was ended. new one begins
New history means the end of the history which has solved all problems by "growth" for the purpose of old "growth."

New eras are "un-growing up" and "conversion in quality from quantity."
The East Japan great earthquake on March 11, 2011 denied the state of the "city" from the beginning of civilization to today, and scale growth.

We have to know the warning from nature and have to know a new way of life.
To that end, we must change politics, sense of values in the economy 180 degrees
The democratic (decision-by-majority system) way in popularism and the middle class ebb tide in the politics must be reconsidered
Globalization becomes the backfire now, and Europe and the United States which achieved capital rule by globalization face a financial crisis.

People will begin to imagine the society in which farmers, making things, and merchants live on good terms in nature without the flooding skyscraper.

From now on, human beings carried the heavy load of the name called avarice on the back, and went up to the top over thousands of years.
And a load is thrown away and it begins to get down from a top.

Japan has already prepared to return to the foot though the world still aims at the top.

Just my thought

It became impossible for the politics of advanced nations to catch up with economy.
that is why Confusion has occurred in EU.
If the politician whom sovereign people chose does not get down from the seat of national management, it is impossible to save a national crisis.
It is the proof as which democracy has stopped functioning.

If the curtailed budget for national finance relief and a tax increase are hammered out, sovereign people will cause a riot.
A capital is paralyzed and a stop is hung on a national function.
Sovereignty of the people, freedom of speech, and the freedom of assembly are trying to drive away a state to collapse.
The democracy which made the individual politics and an economic unit gave the individual a dream and hope by the principle of freedom and competition, and has guided the state to the growth route.
For human beings, it was [ growth and development ] all the goals also in


politics, economy, or natural science.
On the other hand, a newly emerging country and a developing country also see the historical turning point when advanced nations are soon faced facing the goal of growth.
The new thought and philosophy supporting the new era replaced with the democratic thought supporting the capitalism which makes growth there be nothing and cannot exist, and philosophy are searched for.


People repeat the debt of superfluous currency (bubble money) again.
He incurs earnestly the dream not suiting and it is going to be driven into suicide in the end debt in the end.
It is the end of a very pitiable century. The philosophy for growth and development, thought, and all the religion were thrown away, and the time of aiming at a human return (Renaissance) came?
The growth intention already finished for the advanced nation.

Democracy is the relics of the past.

I think the government bond market in the world was completely divided into the overly dangerous national bond and the overly safe national bond.
Now, First World society was also divided to 99% which is going to poverty with 1% of the wealthy whose income continues increasing, and is expanding the difference day by day.
All the people were able to continue searching for freedom by a sovereign.
And It thought that it became everybody happiness.
It is a democratic result ?

Growth stopped at advanced nations completely and the democracy which has guaranteed sovereignty and freedom to a state and people stopped functioning.
It has been forced by advanced nations to shift to the authoritarian state which restricts sovereignty and freedom.


anyway
my prediction
The last fall is approached..
it will be the end of April or May ..?
This fall may continue for one year or more.
And the major bottom will be struck. ..
then....challenging to the highest

1365756030-1.jpg
 

caster55

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finally it is going to end in a few days...?
be careful.

after that it might come...
 

caster55

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It is just what I expected itツ until now
It may be less than today's lower price once again.
I started to think "There is the possibility of the year-end 20,000 yen challenge"
That means that bottom was just extended ahead.
 

Malikon

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Ahead of the curve? The Japanese economy has barely grown for 20 years, its major companies are sinking, the government has the highest debt in the world, and Japan is "ahead of the curve"?

Why exactly is the economy doing poorly?

Over here most Japanese made products are considered ... pretty much the best you can buy.

The guitars and electronics especially are held in very high regard. "best in the world" is not an uncommon description

So why is the economy doing so poorly?
 

caster55

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1396151899-1.jpg

if this is similarity of 2007、it would be bungee jump.
it will be top next week. and bottom would come soon.
it jumps 4000~5000 for 3 weeks and it see the hell again^^
however , you gonna be a rich
after Tax increase of the consumption tax in April, what will Abe do for that. what will happen?
 

caster55

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philosophy of climbing down...

Democracy and liberalism are the convenience thought for making 80% of the farmers (serf) of population into factory workers by the Industrial Revolution of Britain of the 18th century.
now, Man does not notice that its pace is changing.
Since it is engaged in conventional philosophy and thought, the degree of inconsistency amplifies, and it becomes the fight between human beings.
Today's democracy from which workers are trying to become an aristocrat is wholly bad.
If the Okinawa prefectural assembly and a municipal assembly oppose, agreement (Henoko relocation of Futenma Air Station) on the Parliament recognition between Japan and the United States cannot be performed.

辺野古Hekona relocation of Futenma Air Station which has agreed on the basis of Parliament recognition is an international treaty.
Since it is a country which disregards the constitution 、"decentralization" puts the cart before the horse.
It is laughed at the Hashimoto Osaka mayor of the capital concept for Osaka as such a motion.
Now, a Chinese military ambition has posed a threat of Japan.
Japan established in order to protect a country from the threat of Western power in Meiji "a centralized government."
It has ranked with the world as a constitutional monarchy house since then until it was defeated by the United States in the Second World War.
Japan has to become a centralization-of-power power from now on according to the track of Meiji.
China is the same centralized government as once Japan.
as for senkaku island, An international treaty cannot be carried out because of opposition from the mayor of one district. so Japan can not do anything..
If neither politics nor economy is "echoed if it strikes" like China, "the time of a scramble of a pie" of from now on coming cannot be overcome.

The world, Japan, and China wore the absurd sacrifice in the depression since the Lehman shock in 2008 for the U.S. money strategy.
China was added up the annual in terms of the yen one of 63 trillion yen from 2008 for business stimulating measures.
To others, the Chinese local government could not but do an about 360 trillion yen debt from the once same shadow bank as Japanese jusen, and could not but carry out the useless infrastructure investment.
Therefore, most turns nonperforming and local public finance is in critical condition.
Because Japan did not try to regain the wealth from which "20 lost years" of Japan was taken by the United States
China "is going to perform that it must surely carry out (include the Senkaku Islands)." china will take money back..
If the people say something decentralization etc., it cannot act to China, a pair, etc.



as for Abenomiics, Prices must be determined by actual demand and supply and interest rates must be decided by demand for fund of real economy.
so Any economic policies which challenge this principle will fail soon, and will pay the compensation of a mistake.

While being lost 20 years "mono-structure(making products) Japan" has shifted to "overseas mono-structure(making product or manufacture) "
It is "a figure of the Japanese economy which should exist" as well as the old man after retirement living by the interest from an investment, or dividend.
The policy which drops the purchasing power of a circle and guides interest rates to zero artificially blocks the Japanese economy which uses direct foreign investment as an indicator.
In order to guide the wealth of a foreign country to the economy at which growth stopped, the purchasing power of currency must be a strong yen strongly, and the higher one of interest rates is good for introduction of the fund of a foreign country.


new PC(primary cycle started from 5th Feb.
A large jump cannot be expected if this price will be broken until new cycle starts in several days.
 
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