Westerners may disdain the Japanese model but it responds well to the real market
Like the Lord High Executioner in The Mikado, every crusty commentator has the Japanese on his little list. We all know the Japanese are derivative copycats, incapable of original discovery, who a century ago copied the patches on the boilers of steamships, and today still copy Western inventions in a sneakily profitable manner. We also know they are xenophobic, protectionist, unthinking robots with no sense of business ethics. And on our side, as the Noble Lord Pish Tush sang, 'And I am right,
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