Japan's unemployment rate is 3.6% vs 5.5% for the US: http://www.stat.go.jp/english/data/roudou/results/month/inde... vs http://data.bls.gov/timeseries/LNS14000000
Japan's homelessness rate is 20 per 100,000 population (25,000 homeless people in 2001) vs 220 per 100,000 in the US: http://books.google.com/books?id=q-PgHH8TJi8C&printsec=front... vs https://www.onecpd.info/resources/documents/2012AHAR_PITesti...
Japan's incarceration rate is 50 per 100,000 population vs 710 per 100,000 for the US.
Japan is even on track to stop increasing their public deficit by this year (thanks to the new sales tax) whereas the US is far from being on budget. And Japan even manages to achieve this despite a significantly aging demographics (lots of social benefits paid to non-working people), compare http://www.indexmundi.com/graphs/population-pyramids/japan-p... vs http://static.seekingalpha.com/uploads/2012/3/28/saupload_3-...
Japan's society seems to be functioning better than the US. I appreciate this article for trying to find out why.
Because the English-speaking world has roughly agreed on the neoliberal economic consensus that extreme individualism, devil-take-the-hindmost capitalism is the Only Way. It is an absolute dogma, reinforced constantly through the press and the best-funded political parties.
Rich nations like Japan or Norway who are trundling happily along with more equitable societies, rather than a return to Victorian social models, need to be stigmatized lest one start asking questions like "what's the point having a country of billionaires and ditch-diggers?"
Might as well pitch atheism in Saudi Arabia.
Japanese culture is drilled into people at school. This is something heavily criticised by foreigners who pity the lack of freedom that Japanese school children have. It is a double edged sword, but this strong cultural upbringing (enforced by teachers, not parents) does have a lot of advantages.
I think one of the biggest thing I like about Japan is the lack of societal angst that I perceive here. Many, many people here are "poor" (I live in the countryside where jobs are not plentiful, or high paying), but I never hear anyone complaining about their salary. You just make do with what you have. Especially the "American Dream" is practically absent. Hardly anybody tries to strike it rich. They just try to make a nice life within their means.
When I lived in the UK, the sky rocketing housing market split people into 2 camps -- those speculating in order to make it rich, and those who were wondering if how they were going to be able to live on the pittance of a salary they received (and complaining about the injustice of it all).
I'm sure many people prefer the western approach, but I will happily live in "poverty" in Japan instead.
It is interesting that they managed to preserve low unemployment and increase the standard of living during about 20 years of flat economic growth, but they've done it. Part of it can be explained by the fact that layoffs are rare (companies almost always assign employees to do unnecessary work rather than lay them off), but that is not sufficient to explain how Japan maintained the world's second-highest GDP during the "lost decade."
Even on the train from Narita Airport to Tokyo, you'll pass plenty of comparatively run down "commerce areas" adjacent to small train stops. The buildings are old, and made of nondescript concrete that have been stained by the rainfall over decades. It makes me uneasy every time I see these sort of buildings.
Taking the Narita Express or the Limousime Busses will largely insulate you from seeing those things though.
https://spikejapan.wordpress.com/2014/08/16/yubari-withering...
However, if Africa is third world and the US first world, then Japan is one better, in most respects, perhaps, zero'th world.
(I get a similar feeling when going to London. I can read all the signs and overhear all the conversations, but everything is ... different. It's weird.)
They do if they are going to pay off their mega-debt. The real fear is when the GDP drops below the yearly interest payments.
I feel the same when I go to nice European countries. "Wow everything is so nice" and then I remind myself that Germany is paying for it all. It's not sustainable. Look at some of the Scandinavian countries for nice mass public transit in a more sustainable setting.
If Germany is paying for all of this and building an unsustainable debt by not investing in European infrastructure and businesses that will generate it a return, then so be it - this is a problem for Germany. They'll either have to start seizing assets or annulling debt.
It certainly feels like the entire developed world is at this awakening point. Some cultures are just built to handle it worse, or better, than others.
We desperately need to find alternatives to US style consumer economies because they are simply unsustainable and don't really lead to happiness or fulfilment. It amuses me that this article seems to suggest that it is not technological innovations that may save Japan but their longstanding cultural habits and priorities.
When I visited Tokyo in 2008 I felt the same thing upon my return home. The transportation systems are efficient, punctual, and clean. People paid for their meals, bought snacks, and took the subway using their phone to pay for all of it. People were, with few exceptions, polite and helpful despite my boorish attempts to fit in.
Everything... it's so well thought out. You hand the store clerk your yen on a small tray. You can swipe your phone at a vending machine to get a quick bottle of water. You can walk from a bustling interstitial arcade into a quiet shrine. It seems like everything is meticulous and considered.
Even the seediest clubs in Roppongi or the dirtiest punk bars I could find still maintained the propriety and concern for others I found everywhere else. After one show the band passed around a bucket for some yen and we all sat down together and had food and drinks. One of the kids I came with made sure I got on the right train before the subway shut down. Even as a foreigner I could find people who were concerned about me as they were for everyone else.
Arriving back in Canada, where I'm from, was not what I had expected. The streets are haphazard and practical without a consideration for how it looks. People are louder. Traffic is thick. Litter abounds. Turnstiles, ticket booths, and grumpy ticket booth operators. Pushing... always the pushing. I had to wait a while before Street Fighter 4 would come across the Pacific so I could play it again... and 7 years for Apple to announce that you may eventually be able to buy a Coke with your phone in certain regions. Coming back to Canada felt like walking backwards in time.
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The difference with at least Germany, Italy, and Singapore is that they are fighting low birthrates with increased immigration. Japan is not. They are betting on robotics, in order to keep their population homogenous.
I believe, Japan needs to find a way to attract economically stimulating diversity into the midst of its cultural homogeneity, without generating excessive social disapproval. OIST[1] is an interesting experiment and I'd like to keep an eye on its progress.
Otherwise, it'll eventually come down to a drastic upheaval, along the lines of Meiji or Post-WWII. And that can only happen after the other countries have laid down a bright new model for Japan to follow and improve upon. Which could be a long time hence since, as the article says, Japan is in the vanguard right now.
As a practical example, my father-in-law was a salaryman with a rock-solid pension and amazing health care (a month in a hospital costs $50, etc). His generation has no incentive to change the system that has worked for them -- even though it imposes an increasingly unsustainable burden on the ever-shrinking working generations paying for it.
They take proposals. See their investment criteria.[2]
Someone should propose a robot-run restaurant in San Francisco.
[1] http://www.cj-fund.co.jp/en/ [2] http://www.cj-fund.co.jp/en/investment/flow.html
Thought-crime in progress, citizens. Look away! Look away!
Japan is one of the most racist first-world countries in the world. Have you even seen their incessant xenophobia?
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