It's insane how successful Japan is in spite of their corporate inefficiencies.
replies(5):
To me, it seems like if you were designing a brand new society optimized only to maximize the countries GDP, you'd implement the Japanese model - employees who never leave their employers, extremely long work hours and mandatory after work social activities.
China, Japan and SK have all effectively implemented a version of this and their economic growth post WWII has been nothing short of remarkable (China was poorer than Sub Saharan Africa in the 50's).
Obviously, you could say this has not been going very well for Japan more recently but I'd argue the main drawback to this paradigm is the inevitable population implosion.