Strategic Capitalism: Private Business and Public Purpose in Japanese Industrial Finance / Edition 1

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More About This Textbook

Overview

Was Japan's economic miracle generated primarily by the Japanese state or by the nation's dynamic private sector? In addressing this question, Kent Calder's richly detailed study offers a distinctive reinterpretation of Japanese government-business relations. Calder challenges popular opinion to demonstrate how Japanese private enterprise has complemented the state in achieving the national purpose of industrial transformation.

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Editorial Reviews

BusinessWeek
[Calder] challenges [Chalmers] Johnson's depiction of Japan as a supremely successful government-command form of capitalism. Japan's private sector, he asserts, has been more independent and self-starting than the Johnson school would allow. . . . Strategic Capitalism is magnificently researched.
— Robert Neff
The Wall Street Journal
Who ensured that loans flowed to Japan's winner industries, such as automobiles and consumer electronics? It wasn't brilliant bureaucrats, Mr. Calder argues with considerable force. The book marshals plenty of evidence of how passive and 'regulatory' the Japanese state frequently was, and how powerless its industrial strategists were against bureaucratic, business, and political foes.
— Urban C. Lehner
The Key Reporter
Calder's book is well documented, lucid, and convincing—truly a landmark study.
— Thomas McNaugher
Business Week

[Calder] challenges [Chalmers] Johnson's depiction of Japan as a supremely successful government-command form of capitalism. Japan's private sector, he asserts, has been more independent and self-starting than the Johnson school would allow. . . . Strategic Capitalism is magnificently researched.
— Robert Neff
BusinessWeek - Robert Neff
[Calder] challenges [Chalmers] Johnson's depiction of Japan as a supremely successful government-command form of capitalism. Japan's private sector, he asserts, has been more independent and self-starting than the Johnson school would allow. . . . Strategic Capitalism is magnificently researched.
The Wall Street Journal - Urban C. Lehner
Who ensured that loans flowed to Japan's winner industries, such as automobiles and consumer electronics? It wasn't brilliant bureaucrats, Mr. Calder argues with considerable force. The book marshals plenty of evidence of how passive and 'regulatory' the Japanese state frequently was, and how powerless its industrial strategists were against bureaucratic, business, and political foes.
The Key Reporter - Thomas McNaugher
Calder's book is well documented, lucid, and convincing—truly a landmark study.
Read More Show Less

Product Details

  • ISBN-13: 9780691044750
  • Publisher: Princeton University Press
  • Publication date: 7/3/1995
  • Edition description: REPRINT
  • Edition number: 1
  • Pages: 395
  • Product dimensions: 6.13 (w) x 9.24 (h) x 1.03 (d)

Table of Contents

List of Figures
List of Tables
Abbreviations
A Note on Conventions
Preface
Introduction 3
1 The Weight of the Past: A Complex Heritage of Control 23
2 The Strategists and Their Tribulations 45
3 The Regulators and Industrial Credit 72
4 Profiles of Public Action 103
5 Private Financiers and Public Functions 134
6 Private Borrowers and Public Credit Controls 174
7 Changing Parameters 211
8 Beyond Strategy? 245
Appendix I: The Fiscal Investment and Loan Program: Its Role in Japanese Government Finance, Fiscal 1992 279
Appendix II: The Fiscal Investment and Loan Program, Internal Allocation 283
Notes 293
Bibliography 333
Index 359
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