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By any economic measure Japan is an advanced productive nation. Like top five in the world. At the same time they have maintained a high quality of life over
by mulmen 4y ago
By any economic measure Japan is an advanced productive nation. Like top five in the world.
At the same time they have maintained a high quality of life over decades and a unique culture.
- Dalewyn 4y agoThat is tangent to whether Japan can bring projects to fruition. The recent termination of the Mitsubishi Regional Jet is a perfect example (among many others) of what I'm sick and tired about with Japan: Lots of bold claims to start, absolute failure when time comes to execute.
- mulmen 4y agoSeems like cherry (or is that lemon?) picking. The United States has failed projects too, as do all advanced economies. There’s no way Japan got where it is today if they can’t execute.
- astrange 4y agoThe private sector in Japan is not especially productive and definitely has trends of choosing unworkable gadget ideas that nobody outside the country would ever care about. A fusion reactor that doesn't work is a sort of big Galapagos phone.
- mulmen 4y agoJapan is the 4th largest exporter in the world. At that level big gambles are responsible bets. Japan already has an established industrial and economic base. They can afford to experiment. At their scale failures come for free and still have positive value.