TITLE

A Loyal Retainer? Japan, capitalism, and the perpetuation of American hegemony

AUTHOR(S)
Murphy, R. Taggart
PUB. DATE
October 2010
SOURCE
Asia-Pacific Journal: Japan Focus;10/11/2010, Issue 41, p2
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article assesses the post-World War II experience of Japan in relation to the economic and financial primacy of the U.S. One of the contradiction of capitalism is identified as the era of U.S. hegemony. The Japanese working class was said to be provided with stable jobs and access to education, among others, by the norms of the so-called lifetime employment which was extended to core male employees in established firms. The political and economic global ecology were reportedly altered by the economic methods of Japan in 1968. Also noted is the role of Japan as the key supporter for a reconfigured global monetary order revolving around the U.S. dollar.
ACCESSION #
54421294

 

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