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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory
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To: seventh_son who wrote (25634)2/1/2005 1:33:39 AM
From: stevenallen  Read Replies (1) of 110194
 
It is well documented how regimentation and loyalty are ingrained early and often in all aspects of Japanese culture, and how encompassing their version of corporate paternalism is. I recall that about 5 years or so ago the government passed a law making it mandatory for employees to take their alloted vacation time, since it was generally considered disloyal to do so. Of course many just used this free time to attend "voluntary" institutes or classes to further their march up the corporate ladder. I first heard about this from a friend who works at Microsoft who also knew first hand about the "golden-handcuffs" - only in Japan the odds of really getting rich were, and still are, pretty dismal.

All that being said, my cynical mind thinks things are probably just as bad, if not worse in most other places in the world - perhaps a little less transparent in one spot, or glossed over with exotic trappings in another, or veiled behind pseudo religious bullshit morality like it is here - but at the end of the day, no matter where it may be, the Big Boys tend to tend to take their cut of all they can get and screw the rest of the folk as hard as they can.
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