The idea that Japanese companies provide more stability and lower returns on capital isn't a hypothesis, it's backed up by data

https://www.nber.org/papers/w1762

https://ideas.repec.org/p/iza/izadps/dp6183.html

Agreed, the reason Russia makes crappy cars is to employ Russians. That's very different than a culture that produces Toyotas, Subarus, Mazdas which are worldwide quality brands. But at the same time, Japan is not producing a Tesla or Rivian.

Agreed, the reason Russia makes crappy cars is to employ Russians. That's very different than a culture that produces Toyotas, Subarus, Mazdas which are worldwide brands.