JAPAN: The death of lifetime employment
Ronald Hilton - 8/13/02
Look Japan (August 2002) features an article entitled " The Death of Lifetime Employment". It is summarized in the caption of
a chart which reads: "Since 1990, Japan's unemployment rate has more than doubled, while the ratio of job offers to job seekers
has fallen to less than a half what it was". The lead article, featured on the cover, is "Game Wars: The Battle for Control". A
caption reads: "New games hardware launches are eagerly awaited in Japan. Thousands line up overnight for first dibs". Put
the two articles together, and what kind of capitalism do you think will evolve in Japan?
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