Possible Economy Disaster in Japan

Day 334, 14:41 • Published in Japan Japan • by Akki

All data and observation was done at 10/18/08 when this article was originally written. Sadly because of the bug, I couldn't post this till now. 
 

Today, I have explored the human resource section of the market to see how much each of the companies is paying, especially near the Q1 section of the market. I was highly surprised by the amount many of the companies are offering to unskilled worker. However, at the same time I was astonished, I was horrified. Especially by the amount of pay the National Bank of Japan, a state owned companies were paying their workers. Here is a reason why, and my argument to the government and some of the private owners to change their policies to fit new V1 more properly.
 
First things first, I must say that the National Bank of Japan is indeed paying their workers too much. 2 yen per hour seems too much for unskilled workers, when the new calculation for the productivity has changed. They are getting too much considering the fact that they aren't producing many products. Also, National Bank of Japan should keep in mind that it is a state sponsored corporation, meaning that they should make sure their wages are lower than most other companies of Japan. By raising the pay of the national company, you are inflating the cost of the workers; especially when National Bank of Japan only covers manufacturing and constructing. YOU are forcing the other company to pay more for their workers, because there is competition for workers. It is generally agreed that the workers take job of the highest paying. Thus National Bank of Japan is purposefully making the environment unsuitable&nbs p;for the emerge of new companies by making the running cost of the companies high. It is evident that this in fact is true, by seeing how many of the raw material companies are suffering. Raw material companies are suffering, because the running cost of the company is increasing since they will have to pay more for their workers to run their business. This is also further reducing the amount of new workers to pursue the career in raw material.
 
The evidence of the negative affect of National Bank of Japan to over pay their workers is even more evident in the cost of raw materials. Currently, we only have few raw material companies in Japan, which are providing the Japanese economy. Seeing that the 1 unit of grain in Japan currently costs 1 yen, it is evident that those companies are paying their workers too much, which result in high running cost and high end cost for their products. It is evident that the way National Bank of Japan is paying 2 yen per worker has forced the raw material companies to pay 2 yen per worker, to attract more workers into the work. This is causing the soaring price of raw material. It is expected that the average cost of food will double within weeks. The inflation is to be expected, and the whole institution of Japanese economy may be ruined.
 
The needs for the more workers in raw material fields are quite evident. With rising price of food, and raw material, we can argue that the whole reason for the rising cost of the food and raw material is due to the fact that the Japanese Q1 companies are over paying their workers. When government owned business, which is supported and gave free money by printing more money, the whole market is suffering because of the inflation for the cost of each worker. If National Bank of Japan is really here for the Japanese people, and is here for the free market, they must give up their monopolizing effect in the Q1 field. Also, perhaps they should lower the pay of their companies to make it less attractive to future workers, to push more people into taking a job in raw field, or other private owned companies. By taking away workers from field of raw material and other Q1 field, National Bank of Japan is causing more negative affect to Japanese economy than for the better.
 
Company owners also, must understand that the companies run differently in V1. The doctrine of more workers equal more productivity is no longer true. By having more than the recommended amount of workers, is actually lowering your overall productivity. This was made clear by the admins. You are doing your company more harm than for the better by recruiting more workers, by raising the cost of running. In addition, by offering job at human resource market when having no need to increase your work force, are inflating and causing more harm to the overall economy than for the better. You are harming your company as well as other companies by taking such action. It is raising the overall cost of production. When these troubles build up too much, we will see a collapse of the current institution which we have built up for. This must be avoided. I highly suggest each company in Japan to stop recruiting more workers into your companies when there are enough workers. Also, I believe it is for the betterment of the companies to cut their work force to allow for the maximum productivity, and also allowing more workers into such companies which are starting. 
 
I believe that we ought to pursue some of the policy of encouragement of smaller companies to run the Japanese economy, my core doctrine and theory mentioned during the time of Beta. Now that increasing work force beyond certain limit is actually decreasing the productivity, it is only natural to say that smaller and mid sized companies benefiting from this bonus is much better than the big company with no productivity bonus at all. Also, since new cost of making a company is 20 gold, it shows that it is naturally more encouraging to make company in V1 than it was in Beta, with burden of high cost of start up removed. Many small to mid sized companies will allow for more competition, and allow for the price of the commodity to fall with lowering operation cost, thus bringing more ease to our economy. It will also cause more diversification for our economy allowing for easier environment for building new companies. It will seem more attractive for foreign investors and immigrants in erepublik also, if we stabilize our economy fastest, and ensure low food cost. The government must support these new company owners and their business by stop inflating the human resource market. This is also true to other bigger business owners which is recruiting more workers when they require no more. Now in V1, we must increase the number of companies in eJapan. This is for the betterment of our economy. Possible business owners must be supported for the investment in new companies and new business, allowing for the market in Japan to grow.
 
I apologize in advance that my ideas and beliefs may be changing little by little as the day goes on. Perhaps some may think me as flip-flopper. However, this naturally is due to the fact that erepublik is changing day to days also, with new stuff admin changes or tweaks, with no real solidness yet seen. I am still learning V1 like all others are, and I am thinking like all to take full advantages of V1 for the betterment of ourselves and our country. With current instability in market, it seems highly silly for the Japan to increase pay and benefit to workers, when that is placing many burdens on the company owners. Some may argue it is crucial time to support the workers of the Japan, who is the most important part of our economy. However, no matter how much we support the workers, unless we fix all the core and bases of the problem, it will never be finished. Thus the workers must come to the second concern until the whole economy is fixed, by stabilizing the core of the provider of the market, the company owners. I ask the government to take immediate action to fix this as fast as possible. We must stop trying to kill our economy by ourselves. 
 
 
This Article is based completely on opinion and Ideology of Akki, and has nothing to do with the current policies of ULJ.