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Marketcraft
Modern-day markets do not arise spontaneously or evolve naturally. Rather they are crafted by individuals, firms, and most of all, by governments. Thus "marketcraft" represents a core function of government comparable to statecraft and requires considerable artistry to govern markets effectively. Just as real-world statecraft can be masterful or muddled, so it is with marketcraft. In Marketcraft, Steven Vogel builds his argument upon the recognition that all markets are crafted then systematically explores the implications for analysis and policy. In modern societies, there is no such thing as a free market. Markets are institutions, and contemporary markets are all heavily regulated. The "f...
The Political Economy Reader
The Political Economy Reader advocates a particular approach to the study of political economy – the "market-institutional" perspective – which emphasizes the ways in which markets are embedded in political and social institutions. This perspective offers a compelling alternative to the market-liberal view, which advocates freer markets and less government intervention in the economy, as if states and markets were naturally at odds with each other. The reader embraces a truly interdisciplinary approach to the study of political economy, with extensive coverage from sociology, economics, history and political science. It includes some of the most important classical and contemporary theor...
Freer Markets, More Rules
Over the past fifteen years, the United States, Western Europe, and Japan have transformed the relationship between governments and corporations. The changes are complex and the terms used to describe them often obscure the reality. In Freer Markets, More Rules, Steven K. Vogel dispenses with euphemisms and makes sense of this recent transformation. In defiance of conventional wisdom, Vogel contends that the deregulation revolution of the 1980s and 1990s never happened. The advanced industrial countries moved toward liberalization or freer markets at the same time that they imposed reregulation or more rules. Moreover, the countries involved did not converge in regulatory practice but combin...
Japan Remodeled
As the Japanese economy languished in the 1990s Japanese government officials, business executives, and opinion leaders concluded that their economic model had gone terribly wrong. They questioned the very institutions that had been credited with Japan's past success: a powerful bureaucracy guiding the economy, close government-industry ties, "lifetime" employment, the main bank system, and dense interfirm networks. Many of these leaders turned to the U.S. model for lessons, urging the government to liberate the economy and companies to sever long-term ties with workers, banks, suppliers, and other firms.Despite popular perceptions to the contrary, Japanese government and industry have in fa...
The Political Economy Reader
This reader combines, in a single volume, the key writings of classical and contemporary thinkers on political economy, providing both a theoretical approach to understanding capitalism and a survey of the varieties of capitalism around the world today.
U.S.-Japan Relations in a Changing World
September 2001 marked the fiftieth anniversary of the signing of the San Francisco Treaty, formally ending the Second World War. In signing this treaty, Japan fundamentally transformed its position on the world stage. It established itself in the vanguard of the burgeoning cold war bulwark against the Soviet Union and its communist satellites, and wed itself to the United States through economic, political, and security ties that persist today. The half century since the establishment of the San Francisco system has seen highs and lows in the relations between the two countries, continuing even into the current war on terrorism. This new book evaluates the changing relationship between the t...
Can Japan Disengage?
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The Japanese Family in Transition
These gripping biographies poignantly illustrate the strengths and the vulnerabilities of professional housewives and of families facing social change and economic uncertainty in contemporary Japan.
Freer Markets, More Rules
Introduction: The Deregulation Revolution That Wasn't -- 1. Understanding Regulatory Reform -- 2. Why Change the Rules? -- 3. The United Kingdom and Japan: Two Paths to Regulatory Reform -- 4. Telecommunications: The Creation of Competition -- 5. Financial Services: The Big Bang and the Proliferation of Rules -- 6. Regulatory Reform British Style: The Separation of Regulatory Powers -- 7. Telecommunications: Reregulation with a Vengeance -- 8. Financial Services: The Ministry of Finance and the Perpetual Bargain -- 9. Regulatory Reform Japanese Style: The Strategy Behind Slowness -- 10. Other Countries: The Many Roads to Reregulation -- 11. The Irony of State-Led Deregulation.
The Japanese Family in Transition
In 1958, Suzanne and Ezra Vogel embedded themselves in a Tokyo suburban community, interviewing six middle-class families regularly for a year. Their research led to Japan's New Middle Class, a classic work on the sociology of Japan. Now, Suzanne Hall Vogel's compelling sequel traces the evolution of Japanese society over the ensuing decades through the lives of three of these ordinary yet remarkable women and their daughters and granddaughters. Vogel contends that the role of the professional housewife constrained Japanese middle-class women in the postwar era--and yet it empowered them as well. Precisely because of fixed gender roles, with women focusing on the home and children while men focused on work, Japanese housewives had remarkable authority and autonomy within their designated realm. Wives and mothers now have more options than their mothers and grandmothers did, but they find themselves unprepared to cope with this new era of choice. These gripping biographies poignantly illustrate the strengths and the vulnerabilities of professional housewives and of families facing social change and economic uncertainty in contemporary Japan.
