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In The Making of Modern Japan, Myles Carroll offers a sweeping account of post-war Japanese political economy, exploring the transition from the post-war boom to the crisis of today and the connections between these seemingly discrete periods. Carroll explores the multifarious international and domestic political, economic, social and cultural conditions that fortified Japan’s post-war hegemonic order and enabled decades of prosperity and stability. Yet since the 1990s, a host of political, economic, social and cultural changes has left this same hegemonic order out of step with the realities of the contemporary world, a contradiction that has led to three decades of crisis in Japanese society. Can Japan make the bold changes required to reverse its decline?
This book re-visits the phenomenon of Japanese secular stagnation in light of the fate of the North Atlantic and developing economies and places it in a longer historical political and geopolitical economy of capitalism from a variety of political and disciplinary perspectives. Japanese capitalism, which was once an admired model of miraculous growth with a relatively egalitarian distribution of income, fell into secular stagnation in the early 1990s. The phenomenon has since fascinated observers, provoked debates, provided policy advocates with grist for the mills of a range of policy proposals, some of them mutually contradictory, and, most importantly, burdened an entire population, and p...
Congo, a former Belgian colony, at the beginning of the independence of the territory, a brave and dedicated leader, Patrice Emery Lumumba, won the election and was appointed Prime Minister. As the first Prime Minister of a democratic Congo, the newly elected representative of the country filled with devotion had in mind to providing Congolese with a better future. He therefore fought on behalf of Congolese. His methods were disliked by the former colonizers for whom he became a danger to their interests in Congo after his speech on independence day, on June 30, 1960. Since then, various plots were arranged against him to be killed. Those conspiracies never succeeded against him since the...
Pinder explores how globalization has shaped, and continues to shape, the American economy, which impacts the welfare state in markedly new ways. In the United States, the transformation from a manufacturing economy to a service economy escalated the need for an abundance of flexible, exploitable, cheap workers. The implementation of the Personal Responsibility Work Opportunity Reconciliation Act (PRWORA), whose generic term is workfare, is one of the many ways in which the government responded to capital need for cheap labor. While there is a clear link between welfare and low-wage markets, workfare forces welfare recipients, including single mothers with young children, to work outside of ...
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