>Japanese and American companies have different purposes. In Japan the corporation primarily provides stable income and employment for society,

Are you Japanese? Because this doesn't match what I know about Japanese companies, like Sony for example, who operate in a very American way.

Your image on Japanese vs American companies feels like the copy and pasted idealistic impression of what American redditors imagine Japanese companies would be like, rather than reality.

The idea that Japanese companies provide more stability and lower returns on capital isn't a hypothesis, it's backed up by data

https://www.nber.org/papers/w1762

https://ideas.repec.org/p/iza/izadps/dp6183.html

Agreed, the reason Russia makes crappy cars is to employ Russians. That's very different than a culture that produces Toyotas, Subarus, Mazdas which are worldwide quality brands. But at the same time, Japan is not producing a Tesla or Rivian.

Agreed, the reason Russia makes crappy cars is to employ Russians. That's very different than a culture that produces Toyotas, Subarus, Mazdas which are worldwide brands.