I strongly suspect that Japan's post-boom stagnation has to do with Tokyo lacking any peers--nearest is Seoul, which is only 2/3 the size
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NYC and London are both quite rich enough to afford Tokyo's level of development, but aren't nearly the same size
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Tokyo's 39 million is nearly double NYC's 21 million, and nearly four times London's 10 million
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Technology is--since the dawn of agriculture or earlier--about raising the limits of urban population; abt making larger cities possible
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The largest cities at any given time face the most complicated logistical/practical problems, but also have the best means to solve them...
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...and by solving them, they raise the population threshold, at which point the city can grow until it hits new problems; rinse & repeat
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To be clear, the problems I'm referring to here are strictly tech related--not touching on cultural or social problems
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