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...soshikiryoku - that many Japanese corporations are trying to rekindle. A generation ago, college grads entered companies en masse, lived together, drank together, quite often married each other, and retired together. This close-knit corporate culture, which was virtually national labor policy, was widely credited for Japan's meteoric economic rise. But it all ended when the country hit the skids in the 1990s. Threatened by cheap labor and more efficient business models, Japanese companies began adopting American management concepts such as merit-based pay and competition among employees. "The Japanese equated globalism with not just the American way of business...

Author: /time Magazine | Title: Relax, the Company's Buying | 8/9/2007 | See Source »

...Since "Boom Bye Bye" was released in the early 1990s there has been a corresponding rise in homophobic violence in the Caribbean, although it's difficult to tell which came first - the music or the violence. According to Jamaican gay rights group J-Flag - which refuses to give out its address in the capital, Kingston, "due to the potential for violent retributions" - the rise in homophobic violence culminated in reports of crowds lynching suspected homosexuals after concerts...

Author: /time Magazine | Title: Curbing Homophobia in Reggae | 8/7/2007 | See Source »

Data published last month in the second annual report on faculty development and diversity showed little change in percentages of female and minority faculty members from 2005 and 2006 in many of the 13 faculties assessed. The proportion of female ladder faculty members did not rise by more than 3 percent in any faculty over the two-year period measured in the report, and overall minority representation for ladder faculty increased by less than 2 percent during the period...

Author: By Laurence H. M. holland and Clifford M. Marks, CRIMSON STAFF WRITERSS | Title: Report Shows Continued Struggle for Faculty Diversity | 8/7/2007 | See Source »

...Katrina will be hosted on TIME.com You will find an updated index of those pieces at time.com/katrina This is our fifth cover story on New Orleans since Katrina, and probably not the last. But if there is one reason to believe that this great American city can rise again, it is the resilience of its people. Over dinner in the French Quarter one night, we heard from several of those working to bring New Orleans back. We invited them and other prominent New Orleanians to share their ideas for saving the city. You can find their responses, and offer...

Author: /time Magazine | Title: Why We Returned to New Orleans | 8/3/2007 | See Source »

...side are the Chinese, who adopted a currency peg of about eight RMB to the dollar to stabilize their economy in 1994 and stuck to it even when there was great pressure to devalue after the Asian currency crises of 1997. Since 2005 the Chinese have allowed an 8% rise in the renminbi's value, but they are deeply suspicious of those who urge faster change. Never far from their minds is the sad example of Japan, which acquiesced to Washington and--many Asians are convinced--paid a terrible economic price. Adding to their suspicions is the fact that even...

Author: /time Magazine | Title: The New China Syndrome | 8/2/2007 | See Source »

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