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89
New Japanese PM Kishida wants to develop a "new capitalism" and has appointed a gender-balanced group for that task. RIP Japan (archive.is)
posted 4 years ago by onetruephilosoraptor 4 years ago by onetruephilosoraptor +89 / -0
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– Assassin47 6 points 4 years ago +6 / -0

They've never been true capitalists though, always a planned with free market aspects economy.

Exactly right! I was about to post the same thing, though it's not much of a silver lining. Especially since the bubble, they've been protectionist with special privileges given to zaibatsu and giant corporations too big to fail. Japanese typically don't want to run their own business. Everything is top down and consolidated. This is why they can never be as competitive as they once were. (unless they win by default when the entire western world cucks out) Even if the nationalists were to rise up, they wouldn't treat the economy much differently. We would only have a reprieve on the woke social issues.

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– Johan_Liebert 2 points 4 years ago +2 / -0

Exactly. There's a reason they have the biggest commie party outside of China and NK, even if no one takes it seriously and they only have 11 of around 400 seats. Social cohesion, thinking of those around you and doing what's best for the group is part of their culture since the beginning. They aren't really capitalists and more Keynesian mixed with Institutionalism. Hell most of their big name companies are tied to the samurai era.

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