Blindside: Why Japan Is Still on Track to Overtake the U. S. by the Year 2000

( 1 )

Overview

By now the pattern should be clear: in the half-century since the United States defeated the Japanese in World War II, we have consistently underestimated Japan's economic prowess. As this startling book shows, Americans are doing so yet again, and in our blindness to the consequences we are jeopardizing our economic independence and security. Ever since the Tokyo stock market entered a period of decline in 1990, the Western press has portrayed Japan as mired in an economic slump. Yet in the first four years of ...
See more details below
Available through our Marketplace sellers.
Other sellers (Hardcover)
  • All (12) from $1.99   
  • New (1) from $50.00   
  • Used (11) from $1.99   
Close
Sort by
Page 1 of 1
Showing All
Note: Marketplace items are not eligible for any BN.com coupons and promotions
$50.00
Seller since 2014

Feedback rating:

(177)

Condition:

New — never opened or used in original packaging.

Like New — packaging may have been opened. A "Like New" item is suitable to give as a gift.

Very Good — may have minor signs of wear on packaging but item works perfectly and has no damage.

Good — item is in good condition but packaging may have signs of shelf wear/aging or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Acceptable — item is in working order but may show signs of wear such as scratches or torn packaging. All specific defects should be noted in the Comments section associated with each item.

Used — An item that has been opened and may show signs of wear. All specific defects should be noted in the Comments section associated with each item.

Refurbished — A used item that has been renewed or updated and verified to be in proper working condition. Not necessarily completed by the original manufacturer.

New
Brand new.

Ships from: acton, MA

Usually ships in 1-2 business days

  • Standard, 48 States
  • Standard (AK, HI)
Page 1 of 1
Showing All
Close
Sort by
Sending request ...

Overview

By now the pattern should be clear: in the half-century since the United States defeated the Japanese in World War II, we have consistently underestimated Japan's economic prowess. As this startling book shows, Americans are doing so yet again, and in our blindness to the consequences we are jeopardizing our economic independence and security. Ever since the Tokyo stock market entered a period of decline in 1990, the Western press has portrayed Japan as mired in an economic slump. Yet in the first four years of this decade, Japanese exports soared by 32 percent, the yen rose 27 percent, and Japanese employers created a net 3.2 million new jobs. As a result, Japan has now surpassed the U.S. to become the world's largest manufacturing economy and is thus poised to claim the lion's share of the world's growth. Eamonn Fingleton, an award-winning financial journalist, has reported from Tokyo for nearly a decade, and Blindside is the brilliant summation of his long study of Japan's economy, culture, and political system. He explains why the country's leaders have recently cultivated the image of financial distress and why it is naive to take that false modesty at face value. He locates for the first time the true command center of Japanese economic expansionism, the little-known Ministry of Finance. Working behind the scenes for almost fifty years, the Ministry of Finance has rewritten the rules of global finance and created a powerful new economic system that is as sharp and portentous a break from capitalism as capitalism was from feudalism. As the worldwide recession ebbs, the U.S. remains blind to Japan's real strengths and ambitions. This groundbreaking book provides an authoritative and deeply disturbing portrait of the economic juggernaut that is on course to overtake America by the century's close.

The conventional wisdom is wrong, says Fingleton. Contrary to what we hear, the Japanese are not in an economic slump and are, in fact, poised to overtake America economically by the century's end. Fingleton reveals how the Japanese have intentionally cultivated the image of a sickly economy in order to claim the lion's share of the world's economic growth.

Read More Show Less

Editorial Reviews

Publishers Weekly - Publisher's Weekly
``Sometimes it seems as if Americans see Washington as the Vatican of world capitalism and Tokyo as merely another diocese,'' writes Fingleton, Asia editor of Euromoney magazine, but ``for the Japanese a more appropriate metaphor is the secular one of corporate competition. Tokyo is playing Microsoft to Washington's IBM.'' And Fingleton, closely examining Japan's economic thrust and its cultural traditions, finds it the inevitable winner. He compares favorably Japan's managed economy with the U.S. drive for free trade; discusses the pragmatic Confucian attitudes toward hierarchy, both for individuals and nations, versus the ``American rhetoric'' about democracy; and asserts that not only has America been poorly served for decades by its economists, politicians, media and elite, but it has been ``blindsided'' by Japan's misleading habits of apparent deference and its own ``semireligious'' view of economics. Although Japan is not on an ideological crusade to take over the world economically, its power structure gives it a flexibility that can make it the next global leader, asserts the author. This provocative and informed analysis is an antidote to the recent flurry of critiques that see Japan's current economic troubles as the same old omens of decline. (Mar.)
Library Journal
Despite the title and the publisher's statement on the book jacket (describing this book as a "disturbing portrait of the economic juggernaut that is still on course to overtake America by the century's close"), this is not a work of paranoid Japan-bashing in the manner of T. Boone Pickens and others' The Second Pearl Harbor: Say No to Japan (LJ 2/1/92) or Michael Crichton's best-selling novel Rising Sun. Rather, it is a thoughtful and insightful analysis of the inner workings of the Japanese economy, with particular emphasis on how it differs from the U.S. economy in outlook and perception. While the work clearly displays the problems arising from America's failure to understand how the Japanese think and operate, the work contains little of the conspiratorial thinking and out-and-out racial stereotypes of the aforementioned works. This book, by a journalist and business writer who has lived in Japan since 1985, is instead well written and balanced and deserves careful reading by anyone interested in its subject.-Scott Wright, Univ. of St. Thomas, St. Paul, Minn.
David Rouse
Catalogers may have to dust off the discredited--and racist--Library of Congress subject heading "yellow peril" for this one. Because there have been a number of recent articles and books about the "bursting" of the Japanese "bubble economy," Japan bashing has been on the wane. But now Fingleton suggests that Japan's Ministry of Finance has manufactured the image of a faltering economy simply to deceive the West as part of a cunning strategy aimed at economic superiority. The author was the Tokyo-based editor of "Euromoney" and was also previously an editor at "Forbes" and "The Financial Times". He does document the strengths posted by the Japanese economy even during one of the worst global recessions, and he shows how Western observers have consistently underestimated and misunderstood Japan. Fingleton also provides a clear explanation of Japan's managed economy, which he describes as neither capitalism nor socialism--nor, as some suggest, a blend of the two. He argues that Japan has succeeded and will continue to succeed economically by setting limits on the economic freedom of its own citizens, but it is his premise--that Japan's goal is economic domination--that will create attention and controversy.
Read More Show Less

Product Details

  • ISBN-13: 9780395633168
  • Publisher: Houghton Mifflin Harcourt Publishing Company
  • Publication date: 3/1/1995
  • Pages: 384
  • Product dimensions: 6.28 (w) x 9.24 (h) x 1.34 (d)

Customer Reviews

Average Rating 1
( 1 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(1)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously
Sort by: Showing 1 Customer Reviews
  • Anonymous

    Posted February 22, 2002

    So Much for Japan Overtaking the US by 2000

    It is now Feb 2002. So much for the title's premise that Japan will overtake the US by 2000. The first lesson here is to remember that anyone's 'predictions,' no matter how eloquently presented, are just that - prediction by humans who are fallable. Mr. Fingleton, I suppose, does deserve scorn to the extent he was deriding at the 'experts' for being so doom and gloom. Well, doom and gloomers could be right sometimes. The second lesson here is, when journalists write a book, it is time to head for the hills. Journalists are journalists because they write well, but once a view is widely believed by the public so as to justify a market to make a book sellable, for your finanical health you should take the opposite view. In investment lingo, this is the 'headlines' phenomenon. Ie, the best time to buy stocks when magazine cover stories tell you that the stock market is so bad and will definitely end at Armageddon - as was the case in the early 1980's. The best time to sell is when the magazine cover stories say this is a new era of stocks that will know no top - as was the case two years ago at the end of the Internet bubble.

    Was this review helpful? Yes  No   Report this review
Sort by: Showing 1 Customer Reviews

If you find inappropriate content, please report it to Barnes & Noble
Why is this product inappropriate?
Comments (optional)