Besides not meeting its capitalist expectations, how have Japan’s “lost decades” impacted its people, and how does that impact differ from that within comparable nations that had continuous economic growth during that same time (e.g. the US, Europe, Australia, and South Korea)?
Overworked, or refusing to work at all. No one’s having sex. Their economy is further collapsing, their population is converging to the point of a death spiral. No one can afford to have a family.
They still like tech in Tokyo and pump out anime, though.
That just sounds like South Korea, which AFAIK is doing worse than Japan on most quality-of-life metrics - they work longer hours, have even less sex, population is shrinking even faster and AFAIK the common Koreans aren’t exactly getting rich off it, either.
Besides not meeting its capitalist expectations, how have Japan’s “lost decades” impacted its people, and how does that impact differ from that within comparable nations that had continuous economic growth during that same time (e.g. the US, Europe, Australia, and South Korea)?
Overworked, or refusing to work at all. No one’s having sex. Their economy is further collapsing, their population is converging to the point of a death spiral. No one can afford to have a family.
They still like tech in Tokyo and pump out anime, though.
That just sounds like South Korea, which AFAIK is doing worse than Japan on most quality-of-life metrics - they work longer hours, have even less sex, population is shrinking even faster and AFAIK the common Koreans aren’t exactly getting rich off it, either.
Look to Japan to see what’s the future like in the West a decade for now.