Re:It’s not a ‘labor shortage,’ it’s a reassessment of work
by nradov on Monday May 10, 2021 @08:38PM
(#27112773)
Keeping zombie businesses alive for the sake of steady employment is one of the reasons that Japan has been stagnant for many years. A healthy economy needs creative destruction.
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Re:It’s not a ‘labor shortage,’ it’s a reassessment of work
by csa on Monday May 10, 2021 @09:17PM
(#27113024)
As someone who has seen this firsthand while living in Japan, I agree with your statement.
What is more, one of the things that I love about the US is that we seem to be fairly good at deconstructing and reconstructing relatively quickly and efficiently. Our system isn’t perfect (tends to favor the capital class and stick it to labor more than I would prefer), but I personally think it’s much better than what Japan has done.