I don't think Japan and the USA are very comparable. In fact, I think insofar modern countries are concerned you'd be hard pressed to find two countries that are more different than Japan and the USA!
We're both "high trust" societies. Compare to the Chinese stereotype/archetype of not trusting someone outside the family to run part of the business, which helped to kill Wang in the US and abroad outside of the PRC tends to limit firms to simple types like trading companies.
I agree, we are in many ways very different, many of them fundamental, but many fundamental are similar enough.
> We're both "high trust" societies. Compare to the Chinese stereotype/archetype of not trusting someone outside the family to run part of the business, which helped to kill Wang in the US and abroad outside of the PRC tends to limit firms to simple types like trading companies.
Sure, but I explicitly excluded non-modern countries. (I have lived in China.)
> I agree, we are in many ways very different, many of them fundamental, but many fundamental are similar enough.
Okay, but you're not controlling for any variables. Like you say, there are many differences even if there are similarities too.
