3 ms·
I don’t agree with the comparisons with Japan in the 80’s. It seems like every time someone bring ups China’s manufacturing, they have to somehow relate to Japa
by fermienrico 8y ago
I don’t agree with the comparisons with Japan in the 80’s. It seems like every time someone bring ups China’s manufacturing, they have to somehow relate to Japan’s past. For one, Japan isn’t an authoritarian rule and second, we are about 4 decades into the future. There was no e-commerce, no internet, na completely different world. Commerce wasn’t the same as it is today. Furthermore, Chinese and Japanese values are on opposite side of the spectrum.
- oldcynic 8y ago...and? Before Japan it was Hong Kong and South Korea making the crap, before that someone else. South Korea was authoritarian and autocratic, whilst its economy grew at breakneck pace starting in the 60s, and remained so until the late 90s. Japan had democracy thrust upon it rather earlier for well known reasons. They all seem to take a markedly similar approach to development catch-up, namely a heavy emphasis on education and steadily moving from cheap and inferior copies to local innovation and quality. China is well along that route. Authoritarianism doesn't rule out development, neither does democracy.
- thrownow623 8y agoDuring the 80s Japan was ruled the a single party that had been in power since the end of WW2.