Why the Japanes Economy Doesn't Work Well

The long-term recession of the Japanes economy is structurally attributed to the political power and the interior establishment, not high currency value, globalization, the developing nations closely running in chase of them.

The Japanese people have been too much dependent upon the ruling political parties and adminstrative bureaucracy, which are generally proved as incompetent and lethargic in any countries around the world. Historically analysing, competent leaders and excellent bureacracy are exceptions. Only Advanced countries have continually had some great or excellent leaders, and the great people, for example, the U.S, UK, France, Germany, Italy, and the small but wealthy nations like Swiss, Denmark, Sweden in the Western Europe.

Since the 1990s of the bursting of bubble economy there has had no excellent leaders in Japan like Thatcher, Reagan, Clinton, earlier Blair. The establishment consisting of the political bosses and high bureacrats from a few prestigious families and universaties has preferred some smooth improvements to innovation and revolutionary changes.

Japan’s economy needs the voluntary participation of the grass-rooters, not mobilized by the bureaucratic campaigns or catch-phrases of the political leaders. They have too much relied on the privileged elite as if the ancestors had been loyal to Shogun and Samurai classes unconditionally in the medieval ages.

Whether a country becomes a real advanced nation or not lies in political leaders being able to expolit the grass-rooters fully and orderly. Japan’s economy has been said for a long time, “The country is wealthy, but the people are poor.” Dispite having heard such a ‘mocking’ indication, the Japanese grass-rooters have obeyed to the establishment. In fact, Japan has the foolishly innocent people as well as the unexcellent leaders. They believed that the elites would guide them to best directions, which afterwards proved to impose only sacrifices on them. The Japanese elites have traditional wealthy nation’s biases, which mean strong military and foreign power, exterior status of state regardless of individual welfare and happiness. Except the Western democratic countries, most countries have such an out-of-dated vision. The Chinese people and elites also seem to have such a wrong goal incurred from a collective way of thinking.

The Asians need the democracy of economy. In the era of globalization, the borderline is not so important. It is meaningless, if the economomic development does not lead to individual wealth and happiness. If the economic fruits are turing to the elites and few wealthy classes, we must change the regime and institutions. The Asians must understand the real value of individualism. It is wrongly known to the Asains that the Western society has had no tradtion of community spirit. Absolute wrong. The western democratic societies make highly of individual happiness and benefit, in the base of the community spirit. The Asians must learn more, not boasting temporary eccnomic prosperity. (The end)