Japanese Competitiveness and Japanese Management

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Science  18 Jul 1986:
Vol. 233, Issue 4761, pp. 301-304
DOI: 10.1126/science.233.4761.301


Japanese-style management and industrial policy are shown to serve as a source of industrial dynamism and are used as a way to illminate what is wrong with the American system. Japanese labor practices—specifically extra hours of unpaid work—are seen as a form of insurance fee that the worker pays in exchange for job security.