The Panic Spreads

Charles Jannuzi jannuzi at edu00.f-edu.fukui-u.ac.jp
Mon Feb 11 22:40:52 PST 2002



>>It's the canonical business school answer, "If you do what we
>>say, you will succeed!"
>
>>I haven't read it, but here's a blurb from an HBS review:


>Confirms my suspicions there's not >much point in reading it. Hasn't
>just about everything published in >English on the Japanese economy
>said exactly that for the last 10 >years? And for the 10 years before
>that the Japanese could do no >wrong and we should be more like >them?
>Doug

But the US sure did them wrong, again and again.

US doctrine toward Japan almost always comes from within the following narrow range:

Japan is a country that is well on its way to becoming almost like the US (under constant US supervision and tutelage)

TO

Japan is a country that is not capitalist in a 'western' sense and is always a potential rogue state which needs constant US supervision and tutelage.

Little wonder then that anti-Americanism is on the rise while a conservative like Koizumi flails about trying to appease his American masters and the 'markets'. There simply is no solution for Japan's problems possible from within American doctrine.

Charles Jannuzi



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