5min chapter

Curious Worldview Podcast cover image

120: Ha-Joon Chang | South Korea's Greatest Economist

Curious Worldview Podcast

CHAPTER

Industrial Discipline and Its Importance

In the 1950s and 60s, Japan lost more working days to industrial strikes up workers than did not to speak of Sweden and Germany. The companies that started creating what is known as a lifetime employment for co-workers provided company welfare. And it's only after that that the capitalists became more willing to pay higher taxes to fund the welfare state. So once again, the important point of our culture is that, yes, it matters, but it can be reconstructed and has been reconstructed.

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