[lbo-talk] japan?

Eugene Vilensky evilensky at gmail.com
Wed Feb 16 19:57:45 PST 2005


A thread on Prof. DeLong's blog piqued my interest: http://www.j-bradford-delong.net/movable_type/2005-3_archives/000366.html#comments

How is the working class doing there?

Can a contraction of GDP occur without driving down living standards?

A while back, I saw a national geographic showing the rows of homeless in Tokyo, the overwhelming consumerism and concern for material status among kids. I believe firms aren't hiring entry level any more and are letting salarymen retire and attrition before they can move production without losing face.

Comments? Suggestions for reading? -- Eugene Vilensky evilensky at gmail.com



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