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A Brief History of Creative Work and PlutonomyAdvent of Plutonomy in Japan

A Brief History of Creative Work and Plutonomy: Advent of Plutonomy in Japan [Japan is a country that valued creative work and appreciated the hand-brain faculty very highly since ancient times. However, the “power of money” over “power of creative work” should have begun in Japan after the World War-II. After Ikeda Hayato’s economic reform and revitalization era of Japanese economy, Japan Jumped from a traditional agriculture economy to a leading industrial economic powerhouse. At that time, Japan used integrated co-operative method of economic management for overall development. Integrated co-operative methods means, the company that produces goods, the banks that finances, the employees that work, and the government that make policy decisions would work as a unit in harmony, with the sole aim of achieving prosperity for an organically functioning society. But, for making the system purely functional the “hard work” and dedicated commitment of the workers had acted as the prime source of strength. The company worked in the spirit of bushido—samurai—values. The system works on the commitment and dedication to one’s duties for benefiting the family and community; wherein, everyone’s work was important and should function as a unit in harmony. The executives and management would work together with the workers for providing decent living wages to all those who are involved. The central bank of Japan and the government agencies work as the nodal point, where the companies used the state of art technology to produce goods at comparative prices, for bringing prosperity to the country and its people who worked to create those products. The central banks would provide sufficient funds that be returned as assets in the form of foreign currencies, precious metals, and other such kind of wealth that could be used for international trade; especially, to the purchase of raw materials and other resources from the international market. The commitment and dedication enshrined in the Bushido teachings to one’s duties was the source of strength for the modern Japanese capitalist after the war. But similar to the Western counterparts, a tectonic change happened in matters relating to moral and ethical perspectives, when plutonomy’s ideology got integrated into Japanese system as the controllers of wealth, and later got integrated itself with the global plutonomy. Plutonomy has denigrated the labor of the workers through mechanization. Machines that are meant for helping men, are now appending humans. The process of mechanization today eats away jobs because plutocrats can neglect the rights of workers.] http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png

A Brief History of Creative Work and PlutonomyAdvent of Plutonomy in Japan

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References (1)

Publisher
Springer Singapore
Copyright
© The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Singapore Pte Ltd. 2021
ISBN
978-981-15-9262-1
Pages
95 –98
DOI
10.1007/978-981-15-9263-8_15
Publisher site
See Chapter on Publisher Site

Abstract

[Japan is a country that valued creative work and appreciated the hand-brain faculty very highly since ancient times. However, the “power of money” over “power of creative work” should have begun in Japan after the World War-II. After Ikeda Hayato’s economic reform and revitalization era of Japanese economy, Japan Jumped from a traditional agriculture economy to a leading industrial economic powerhouse. At that time, Japan used integrated co-operative method of economic management for overall development. Integrated co-operative methods means, the company that produces goods, the banks that finances, the employees that work, and the government that make policy decisions would work as a unit in harmony, with the sole aim of achieving prosperity for an organically functioning society. But, for making the system purely functional the “hard work” and dedicated commitment of the workers had acted as the prime source of strength. The company worked in the spirit of bushido—samurai—values. The system works on the commitment and dedication to one’s duties for benefiting the family and community; wherein, everyone’s work was important and should function as a unit in harmony. The executives and management would work together with the workers for providing decent living wages to all those who are involved. The central bank of Japan and the government agencies work as the nodal point, where the companies used the state of art technology to produce goods at comparative prices, for bringing prosperity to the country and its people who worked to create those products. The central banks would provide sufficient funds that be returned as assets in the form of foreign currencies, precious metals, and other such kind of wealth that could be used for international trade; especially, to the purchase of raw materials and other resources from the international market. The commitment and dedication enshrined in the Bushido teachings to one’s duties was the source of strength for the modern Japanese capitalist after the war. But similar to the Western counterparts, a tectonic change happened in matters relating to moral and ethical perspectives, when plutonomy’s ideology got integrated into Japanese system as the controllers of wealth, and later got integrated itself with the global plutonomy. Plutonomy has denigrated the labor of the workers through mechanization. Machines that are meant for helping men, are now appending humans. The process of mechanization today eats away jobs because plutocrats can neglect the rights of workers.]

Published: Nov 11, 2020

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