Japan As Number One
by Ezra F. Vogel · first published 1979
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…article from beginning to end. This is a good article, and well worth a read. I am old enough to remember the kind of reporting that was done about Japan in the English-language press back when the book Japan as Number One[1] had just been published. Japan used to look unstoppable in the same way that China looks world-beating to many people now. But Japan's "lost decade" of minimal economic growth and declining soft power…
on “Zombies once destroyed Japan's economy, now they're infecting China's” ↗Speaking of which, tonight I made a scan of _Japan as Number One: Lessons for America_, Vogel 1979: http://libgen.io/book/index.php?md5=10dd41d874075bdd04be0a46... https://www.dropbox.com/s/rr14mgyq8cnrp32/1979-vogel-japanas... https://mega.nz/#!peoiWAya!siIb9bDw6JbX9-toqTj6bP5iW4VlVTK4b...
on “'Fifth Generation' Became Japan's Lost Generation (1992)” ↗…governance and policies of China are unsustainable. I too think much of the gee-whiz reporting about China's "inevitable rise" in the last few years is very reminiscent of overoptimistic predictions of "Japan as Number One" back in the 1980s. Most likely, the more entrenched democracy and ability to criticize the government openly that the United States has as compared to China will help the United States muddle through…
on “Everything you know about China is wrong” ↗