Lever of Empire: The International Gold Standard and the Crisis of Liberalism in Prewar Japan / Edition 1 available in Hardcover
- Pub. Date:
- University of California Press
This book, the first full account of Japan’s financial history and the Japanese gold standard in the pivotal years before World War II, provides a new perspective on the global political dynamics of the era by placing Japan, rather than Europe, at the center of the story. Focusing on the fall of liberalism in Japan in late 1931 and the global politics of money that were at the center of the crisis, Mark Metzler asks why successive Japanese governments from 1920 to 1931 carried out policies that deliberately induced deflation and depression. His search for answers stretches from Edo to London to the ragged borderlands of the Japanese empire and from the eighteenth century to the 1950s, integrating political and monetary analysis to shed light on the complex dynamics of money, empire, and global hegemony. His detailed and broad ranging account illuminates a range of issues including Japan’s involvement in the economic dynamics that shook interwar Europe, the character of U.S. isolationism, and the rise of fascism as an international phenomenon.
|Publisher:||University of California Press|
|Series:||Twentieth Century Japan: The Emergence of a World Power , #17|
|Edition description:||First Edition|
|Product dimensions:||6.00(w) x 9.00(h) x 1.10(d)|
About the Author
Mark Metzler is Professor of History and Asian Studies at the University of Texas, Austin.
Table of Contents
List of IllustrationsList of TablesPrefaceAcknowledgmentsNotes on TermsPart One: Global Money and EmpirePrologue: London, 18981. Japan and the British Gold Standard, ca. 1715–18852. Gold and Empire, 1885–19033. The Sinews of War, 1904–19144. The “Positive” and “Negative” Policies5. “Divine Providence,” 1914–1918Part Two: Global Money and the Doctrine of
Induced Depression6. The Great Divide, 1918–19217. “The Contractionary Tide,” 1921–19268. The Theory and Practice of
Induced Depression9. “The Two-Party Principle,” 1927–1929Part Three: The Crisis of Liberalism10. The Liberal Triumph, 1929–193011. Opening the Door to a Hurricane, 1930–193112. Capitalist Recovery in One Country, 1932–1936Epilogue: Money and HegemonyAppendix: Reference