Nate Nossal essay on how free enterprise and small-business establishment in Japan is stifled
Nossal: Japan is a country which is largely opposed to free enterprise. As one who has studied economics and subscribes to the notion that the ability for individuals to do business is integral to a society’s wealth and commerce, as well as that society’s ability to solve problems generally, I find this condition amusingly shortsighted. As one who is living in and attempting to do business in Japan I find this condition depressing. After all, what is it that individuals can do best as entrepreneurs? We stand to make money by solving problems for other people. I will discuss some extraordinary barriers to business created by just a few layers of legal or bureaucratic excess which discourage or disable free enterprise in two examples of personal experience. It is assumed that there is some reason that people have gone through such troubles to erect these legal barriers, and I can only speculate what some of those possible reasons might be. On the microeconomic level, the effects of the clearly anti-business atmosphere created by those specific barriers are devastating. Businesses which could and should be thriving, multiplying, growing, and revolving multiples of yen back out into the local economy are stopped dead. Theoretically, all money gets spent somewhere, but inevitably some of that money which would have been spent in the local Ishikawa ken economy (where these stories take place) gets saved, sent away, or spent elsewhere and the greater Ishikawa ken economy suffers for this.