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MetaWhirledPeastoday at 3:50 PM2 repliesview on HN

> the J-firm, run by its employees and largely indifferent to the interests of shareholders, exists simply to continue existing

I don't know if all companies should be run like Japanese companies, but there's something very heartwarming about this. Some companies exist for the purpose of employment, and that's okay. In fact it's admirable and makes me want to cheer.


Replies

cm2012today at 3:56 PM

I do also think there's a charm to this model but there's a real cost also with Japan's economy stagnating compared to the United States in the last 30 years.

show 4 replies
ymolodtsovtoday at 4:53 PM

Apple is basically this already.