Japan's Capitalism: Creative Defeat and Beyond
Cambridge University Press
Publication Date :
1 Jan 1993
Japan's economic reconstruction after total defeat in the Second World War has been an extraordinary phenomenon. In Japan's Capitalism, Shigetu 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.