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“Correcting Capitalism”: Changing Metrics and Meanings of Work among Japanese Employees

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ABSTRACT What have been the processes of economic restructuring occurring inside many Japanese corporations, and what neo-liberal techniques have been used on the ground since the 2000s? By placing Japanese… Click to show full abstract

ABSTRACT What have been the processes of economic restructuring occurring inside many Japanese corporations, and what neo-liberal techniques have been used on the ground since the 2000s? By placing Japanese neo-liberalism within the broader historical and socio-cultural dynamics of the ideology of “companyism” since the end of World War II, this article analyses the specific deployment of neo-liberal techniques in the Japanese workplace, and the evolving responses by both employees and management. It argues that while profit margins and efficiency were clear targets for neo-liberal reformers, the human cost of neo-liberal economising was more difficult to calculate and triggered unforeseen frictions and tensions in the workplace. As a result, corporate reforms have been mediated by the challenges emerging from various structural reforms. This article shows how both employees and management became more self-reflexive and new permutations of neo-liberal governance have emerged, highlighting both the continuities and changes in the meaning of work under the global permeation of neo-liberalism.

Keywords: metrics meanings; capitalism changing; correcting capitalism; changing metrics; neo liberal; meanings work

Journal Title: Journal of Contemporary Asia
Year Published: 2018

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