companyism

Japan

is Japanese's governing ideology of labor-capital relations in its industrial economy dominated by massive firms with extensive internal labor markets which are comprised of the 'trinity' of lifetime employment, seniority wages, and enterprise unionism.

in Barshay (2004: 148) 'Baba argues, 'the governing ideology of Japan . . . may be called 'companyism.' ' The elements are familiar: the 'trinity' of lifetime employment, seniority wages, and enterprise unionism forms the backbone of labor-capital relations in an industrial economy dominated and in Uno's sense 'represented' by massive firms with extensive internal labor markets.

Hiroji BabaThinkers

Hiroji Baba