Haruka Nishimatsu's way, the alternative to capitalism

His philosophy is that "he's just like everyone else trying to make it through Japan's recession, is why he takes the city bus to work, eats in the cafeteria with his employees and strolls through the operations room at the airport. When the company looked to cut costs, he eliminated every single expensive perk of his job. He took away the corner office and chauffeur. Then he slashed his pay dramatically, so that in 2007 he made less than his pilots."

"He points to corporate culture as the long-term solution. Like the AIG bonuses "shocked" him. "It's like they're from another planet," he says.

A lesson of this recession, he hopes, will be that corporations don't solely pursue profit and instead focus on the long-term financial health of the company and employ people and help society. Together with shared sacrifice, he believes, the global economy will recover - but only if everyone from the CEO to the entry-level employee works together."

There is an article about those facts. Of course this wouldn't happened in North American culture, which is not taught to think this way (as is pointed out by euclase here). Still, I think that long term business, as many asian cultures see it, is a better solution than siezing the day and making it spit out money. We should learn of such a man.

The pictures were found here.