Japan’s Long Stagnation Is a Case Study for the Future of Western Capitalism

Swarming@sh.itjust.works to politics @lemmy.world – 93 points –
Japan’s Long Stagnation Is a Case Study for the Future of Western Capitalism
jacobin.com
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And Britain's empire the larger case study that comes before that.

Excellent.

Despite peoples opinion on the source I find japan does seem to lead the way on economic and social issues myself.

lead the way on [...] social issues

Sure, as long as you're straight, male, and Japanese. To a lesser extent if you are straight, female, and Japanese (but don't dare expect the same salary, high-level positions, or being treated like anything other than someone who will quit to be a stay-at-home-mom at the vast majority of companies). Everything else is going to have a very different experience in terms of equality in society.

Edit: also bullying issues, including still some people whom even have ancestors of a certain group/caste (burakkumin, for one), homeless issues, mental health care not being covered by insurance, and still more.

yeah and we are seeing this in other countries. this is what I mean by lead the way. Not doing a bang up job but more speed running compared to the rest of the world.

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Slow but steady growth that outpaces inflation is kind of the ideal. The US also doesn't have the population issues Japan has. The Jacobian is also far left garbage. Why is this even posted here?

Of course, with that user name, you'd think that Jacobin, a barely left of center magazine, is far left garbage.

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I'll back you up on this. Both points.

The thing most people forget about capitalism is that Adam Smith's invisible hand, eg the consumers, was meant to bend companies towards their will. Smith wrote a whole book on how important morality is too.

As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce.

No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable.

The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.

His ideas got wildly corrupted after WW2 by those looking to resist the potential for new hitlers, and they took it WAY too far... It was never meant to become anarchy for corporations, but if you ask a typical boomer, raised in the overpropagandized post WW2 era, that's what it has become.

Younger folks dont have to continue that boomer shit. We can go back to the original ideas of a decentralized economic system where consumers bend corporations to their will

It's worth looking up who the Jacobins were, btw...

They cut the heads off the French leaders during the revolution and that lead directly to Napoleon's rise, and he was a lot worse than what we got with Trump.

There were company stores, child labor, and pinkertons before WW2, I'm not sure where you're getting the idea that it was all peachy before 1945.

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