At the end of World War II, Japan's Ohmi Silk Spinning Co. was a down-at-heel outfit whose seven ramshackle wooden factories, taken all together, were worth less than $30,000. Today, after seven years of operating under Japan's newly liberalized labor laws, Ohmi has grown into a $3,000,000 corporation, whose 13,000 employees and half a million humming spindles have helped push it up to sixth place in Japan's vital yarn industry. The formula by which Ohmi's boss, fat, arrogant Kakuji Natsukawa, has achieved this success is simple: he has paid little attention to the labor laws.
Ohmi's workers are for the...
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