Reprogramming Japan: The High Tech Crisis under Communitarian Capitalism (Cornell Studies in Political Economy)

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Synopsis
How have state policies influenced the development of Japan's telecommunications, computer hardware, computer software, and semiconductor industries and their stagnation since the 1990s? Marie Anchordoguy's book examines how the performance of these industries and the economy as a whole are affected by the socially embedded nature of Japan's capitalist system, which she calls "communitarian capitalism."Reprogramming Japan shows how the institutions and policies that emerged during and after World War II to maintain communitarian norms, such as the lifetime employment system, seniority-based wages, enterprise unions, a centralized credit-based financial system, industrial groups, the main bank corporate governance system, and industrial policies, helped promote high tech industries. When conditions shifted in the 1980s and 1990s, these institutions and policies did not suit the new environment, in which technological change was rapid and unpredictable and foreign products could no longer be legally reverse-engineered. Despite economic stagnation, leaders were slow to change because of deep social commitments. Once the crisis became acute, the bureaucracy and corporate leaders started to contest and modify key institutions and practices. Rather than change at different times according to their specific economic interests, Japanese firms and the state have made similar slow, incremental changes.
Copyright:
2015

Book Details

Book Quality:
Publisher Quality
ISBN-13:
9781501700859
Related ISBNs:
9781501700637, 9781501700866, 9780801441875
Publisher:
Cornell University Press
Date of Addition:
Copyrighted By:
Cornell University
Adult content:
No
Language:
English
Has Image Descriptions:
No
Categories:
History, Nonfiction, Computers and Internet, Business and Finance, Politics and Government
Reading Age:
18 and up
Submitted By:
Bookshare Staff
Usage Restrictions:
This is a copyrighted book.

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