Description
Japan's economic reconstruction after total defeat in the Second World War has been an extraordinary phenomenon. In Japan's Capitalism, Shigeto Tsuru, one of Japan's most eminent economists gives a comprehensive account of the recovery process, and a unique interpretation of the post- war Japanese economy. He analyses the significance of Japan's money-oriented affluence and the emergence of a distinctive 'corporate capitalism'. His conclusion is that Japan's inspired creative response to defeat has itself led to a new set of intractable problems.
"This is quite simply the best history yet written of Japan's phoenix-like rise from the defeat and ashes of the war. It is spare but incisive. Tsuru's mastery of sources is marvellous. He has... added his own practical experience and political understanding, and turned the account into English prose that is easy, even sweet to read.' The Financial Times
The book sparkles with intelligence, incisiveness, elegance and a great deal of humanity. [It] is a must for those wishing to understand not only more about Japanese society and economy, but indeed about the world we live in, where it has come from, and where it is going. It is one of those exceedingly rare books that provides intellectual, spiritual and moral enrichment.' International Affairs
ISBN:9780521576215