Even after Brexit and Trump, Japan is remarkably stable. Why?
Yoshito Hori
Founder and President of GLOBIS, No. 1 MBA Program & No. 1 VC in Japan. Founded G1 Institute & KIBOW. Owner of Ibaraki Robots, LuckyFM, and Producer of LuckyFes. A father of 5 sons.
Cracks are appearing in societies around the world. First we had Brexit, then Donald Trump. Italy—with a constitutional referendum looming—and France—with an election next April—could be the next dominoes to fall. We need to think the unthinkable now.
In the UK and the US, the “insurgent” voters came mainly from the same five groups: rural dwellers; the over-40s; males; those with less education; and white/non-immigrant populations.
And in both cases the insurgents wanted the same thing: to topple an out-of-touch establishment and force change at any cost.
So what sort of change did they vote for?
I’ve boiled it down to 5 key points.
- Less globalization
- Less immigration
- More equality
- More jobs in rural areas
- Better public services and infrastructure
As other developed societies are busy tearing themselves apart, Japan appears remarkably cohesive and content by contrast.
How come?
I think it’s because Japan’s elite have been delivering on that 5-point menu for a long time.
Here are just a few examples.
- As the Rust Belt and the north of England show, deindustrialization destroys communities. Japanese companies do their utmost to maintain a domestic manufacturing base (despite the high cost of labor) and keep local communities intact.
- Japanese companies practice an egalitarian ethos. Bosses earn a relatively low multiple of the lowest-paid worker’s salary. The CEOs of manufacturing firms dress in the same uniform as factory workers and eat lunch in the staff cafeteria alongside everyone else. Workers are treated like family. When times are tough, every effort is made to preserve jobs. Massive layoffs are socially unacceptable.
- Japan’s infrastructure is legendary for its quality (and quantity!). The bullet train, which has been running for over half a century, is now as potent a national symbol as Mount Fuji. This focus on delivering quality to the public extends from “hard” infrastructure (roads, bridges etc.) through to “soft” social infrastructure (schools, healthcare etc.)
- Japan protects its culture and lifestyle, even as it pushes for globalization. One example: Japan has fought to preserve domestic rice cultivation—and the food security and traditional landscape of paddy fields that come with it.
Creating a fairer society like this pays big dividends in the form of social capital.
Think of the aftermath of the March 2011 Great East Japan Earthquake. Despite a triple disaster of an earthquake, a tsunami, and a nuclear meltdown, there was very little of the looting or civil unrest that tends to follow natural disasters elsewhere. Hard-nosed reporters and photographers who flew in from abroad were astonished and moved by the stoicism, selflessness and social responsibility that the general populace displayed.
Ever since the bursting of the bubble in 1991, Japan, with its anemic growth, has been derided by the Anglo-Saxon media as an economic “failed state.”
Now it turns out that Japan may have taken the wiser path, at least in social terms. While there may be minor splits here (young v old, those in full-time employment v those on short-term contracts), Japan is certainly less divided than other societies. We have no Nigel Farages, Donald Trumps or Marine Le Pens looking to exploit social divides.
Ironically, by holding on to the old ways, Japan may have maintained the sort of society that other countries now aspire to have. Japan offers the security, stability and social cohesion that much of the developed world threw away.
What do you think? Do you agree? Give us your thoughts on this controversial idea.
Specialist at Slow Jogging Australia
7 年As a first time traveller to Japan this year I was amazed at the organised transport systems.The rail system with its on time fast trains were a pleasure to use and while we were in Tokyo there was a remarkable to not hear honking horns or even see any traffic jams,proof positive that efficient public transport works well. The other feature that impressed me greatly was the way in which the Japsnese promote themselves in their retail sector...I walked into a music store filled with Japanese only music ..no American,English,etc music...and all the street advertising promoting only Japanese companies...proof positive that promoting your own country is far better than globalisation. There are many more examples but I will leave you with my fondest example...the kindness and helpfulness of the people...far and away the best in the world . Congratulations Japan
Ex-Executive Management, Professor
7 年Dear Hori san, Thanks for sharing your thought. By the way my team recently had a good workshop in your school, it was really good occasion to discuss and to find out the difference of thinking way even among 20 - 30 peoples, especially between young guys and old guys like me. Anyway, I generally support your though, at least at the surface of society. But still we are not in the position that we can be proud of our current situation for example the poverty ratio raking is quite high according to Unicef report issued on 2012 (this is the latest one), and there are even worse countries but the most of them are behind of economic growth, or have ethnic issues and/or immigrants issues. We cannot help but admitting that the phrase of "100million Japanese are all middle class" is not the reality anymore. It is all because of that we wasted 20 years after the burst of economic bubble. There are more children who cannot east and study, which makes me worry about the 10 to 20 years later.
Driving healthcare business growth in the Asia-Pacific region.
7 年Japan, we have better to make good relationship with APAC region I focus Greater China and ASEAN region
Higher School of Security and Economics
7 年Why is it that the Brexit & Trump, the democratic choices of those two great countries presented as 'crack', because of the 'insurgent' (spearing the other characteristics) voter profile? It is still to be seen how these choices will affect public policies, give them a chance. Otherwise, Japan is unparalleled in so many aspects, respect!