Rating: 
Summary: good snapshot
Review: WHile Japan was viewed as The Economy to Emulate, a number of very bad books came out that exagerated and distorted what its corporations and government accomplished. In retrospect, these fawning books, such as Ezra Vogel's J as #1, appear ridiculous. Then, as fears of J's superiority mounted, there was a rash of "revisionist" books, which argued that Japan was competing unfairly rather than better. Now that Japan has faded from the scene somewhat, more balanced perspectives are coming out. Smith's book is one of the better such ones. Not only does offer it praise of certain companies and their innovations, but it does not flinch when criticizing the grotesque underdevelopment of the political system as well as the stunted individuality - the neurotic underside - of the Japanese character. Smith demonstrates convincing that there is terrible sickness within, that the country suffers from a "culture of irresponsibility" and that the younger generation may be the one to make reforms - after the older one dies off. It is deeply pessimistic, but for anyone who has lived in Japan, a welcome breath of fresh air: critical but not a polemic, empathic without scorn. Recommended.
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