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Japan Prosperity #229475

CBS Evening News for Tuesday, Jul 17, 1973
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(Studio) Japan's prosperity has side effects.
REPORTER: Roger Mudd

(Tokyo, Japan) Econ. status of Japan is 2nd in world, but Japanese not happy. [Mrs. Eiichi HONDA - believes prosperity sacrifices people. Happiness not considered.] Many luxuries available. [Social psychologist Hiroyoshi ISHIKAWA - believes buying luxuries is substitute for basics that consumers can't afford.] Cost of living up 10%; food prices skyrocket; fish sales down; basic staple, soybeans, not readily available. [Mrs HONDA - states she's afraid to serve fish because of pollution scare.] Sewage and industry wastes flow into water. Air pollution staggering. New theme for Japan: go slowism. Younger generation against growth for growth's sake. Wants to enjoy life at slower pace. [ISHIKAWA - believes present generation wants leisure while older generation stressed work and growth.]
REPORTER: Bruce Dunning

Dunning, Bruce;
Mudd, Roger

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