Chapter 17 A low-IQ society favors "thinkers" and "businesses with good actions"
The world's major media, including the Japanese media, are constantly reporting that "Japan is declining", so that foreigners who come to Tokyo during this period are surprised when they see the sights in Tokyo.
A lot of people have asked me seriously, "Mr. Omae, why do you still say that Japan is in decline when there are so many construction projects going on here?"
The reporter of the "New York Times" in the United States was also unbelievable: "After coming to Japan, the scene I saw was quite different from what I expected. Why is this?"
In fact, we have been hinting to ourselves all the time: lost this, lost that, Japan is declining, etc. Over time, we really think so.
Of course, in the past few years, Japan has not developed much. Many companies have closed down, workers' wages have not risen, and large-scale layoffs have occurred. These are indisputable facts.But on the other hand, the performance of many companies is also rising, and they also occupy a place in the world.
The redevelopment of Tokyo we see now is based on the massive purchase of land and real estate by these companies from 1995 to 2000.
After a detailed analysis of the land price in the city center (as mentioned several times in "The Spring and Autumn Period of Literature and Art" in the 1990s), I myself bought a piece of land at the lowest price in 1996 and sold it in 1998. A teaching and office building was built.
All of this is done step by step like referring to a textbook.
In 2008, land prices in Tokyo showed signs of falling again.In any case, the changes in Tokyo over the past 10 years are commendable.
However, the Tokyo in the eyes of Tokyo Hara Shintaro is different from the Tokyo I see.He was elected as the governor because he was seen as the one who solved the financial problems because he reorganized the local finances, but in my opinion, it is not his credit.
His "sub-city plan" with an investment of nearly 9 trillion yen could no longer be implemented at that time, and it was finally revived due to the rise in land prices.In fact, judging from his previous stupid behavior of using taxpayers' tax dollars to finance the dying "New Tokyo Bank", it can be concluded that he has no political or economic foresight.
When it comes to the New Bank of Tokyo, I think the citizens are totally right to reject it emotionally.Because this bank will only use the bad debts of big banks to maintain its operations, which eventually led to a large number of bad debts.
In the eyes of other financial institutions, Ishihara Shintaro is just sitting on his hands.In short, he made mistakes in formulating economic policies from the beginning, and only spent a lot of effort on political popularity.
In any case, the Japanese were affected by the "lost decade".In the past 10 years, there is a big gap between the type of people who have not noticed the upheaval in Tokyo at all and the type of people who have seen the upheaval in Tokyo and regard it as an opportunity.
This is the best proof that a low collective IQ brings boon to "good thinkers" and "good action businesses."
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