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Technology Stocks : Semi-Equips - Buy when BLOOD is running in the streets!
LRCX 147.44-0.6%Nov 17 3:59 PM EST

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To: Katherine Derbyshire who wrote (6383)7/27/1998 4:29:00 PM
From: John Cuthbertson  Read Replies (2) of 10921
 
OT: "The Japanese culture is the way it is because it has served the Japanese people well for thousands of years."

Katherine,
Perhaps you made this statement a bit off-the-cuff, but I think you would have to admit that it is much closer to the truth to say that the Japanese culture has served the Japanese elites well for thousands of years. Throughout most of that history, the welfare of the common person was not of much concern. A lot of that persists to this day, as manifested in the disdain shown for the interests of Japanese consumers vs. their producers.

The Japanese culture is famously conformist not just due to some quirk of nature, but because of a history of brutal repression of those who failed to conform in one way or another by the ruling elite. A very good example is the massacre of Japanese Catholics in the 17th Century.

Also, and on a brighter note, the Japanese culture has hardly been immutable over those thousands of years. True, they have strong, old traditions and much respect for those traditions, but Japanese society has been evolving rapidly since the middle of the last century. This actually gives me perhaps more optimism for Japan than some on this thread have. Japan has been changing, continues to do so, and I would bet that they will make the changes in their policies and culture that are needed now.
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