Japan is set apart from other industrial societies by its remarkable homogeneity. The boss and his employee share much more than a common heritage; they have many of the same points of view. TIME Correspondent S. Chang spent a day each with President Toshihiko Yamashita, 61, of the giant Matsushita Electric Industrial Co., and Yoshinobu Saito, 29, one of the firm's 1,600 sales engineers. His report:
Matsushita President Yamashita earns $333,300 a year, and Saito makes $12,900. But except for age and experience they seem almost interchangeable. The differences between them stem mostly from...
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