Today we had a lecture by a professor on Japan's economic institutions. He talked about lifetime employment and how it does not truly exist anymore. In the first ten years of working a Japanese worker will change their job, on average, about two times. In the same situation for an American worker we change our jobs an average of 5 times. Japan also used to have different systems for borrowers and lenders, suppliers and manufacturers that would be long term in nature and was more about keeping a relationship with the company than competing on price. This created some inefficiencies in Japan's markets because some companies were not operating at optimal levels.
In the afternoon we went to Shinkuku to see the Tokyo Metropolitan Office (pictured). We went up to the 45 floor to the observation deck and could see a full view of the city. This is the fifth tallest building in Tokyo and hoses offices of the government. It was an incredible site and what was the most amazing is that you could not really see an end to all of the buildings in Tokyo. The other photo here shows one of the views and Tokyo tower. It looked as if the city went on forever. Most of the buildings in the area were for government workers.
That night we went to karaoke. We had a private room with black lights and all you could drink. We had an amazing time and were there for about two hours. We did break a few glasses and black lights so i am not sure if we will be going back to the same place.
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