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What will happen to Japan?

Two Views of Japan’s Future

Summary:  In a continued study of the Japanese corporate organization that already dealt with the issue of corporate restructuring, below are the thoughts of some intellectuals on what might happen to Japan, Inc.
Japan has changed dramatically in the 1980s. Japanese science and technology have reached a level of development that many consider above that of Europe and roughly at par with of the United States. Economically, Japan has more or less completed the catch-up process with the industrial West and is coming under pressure from the newly industrialized economies of East Asia. In fact Ishii Takemochi in his "Japanese Dream" thesis notes that the smooth growth curve of the economy has been seriously dented neither by the two oil crises of the 1970s nor by the explosive climb of the yen since the mid-1980s. Ishii predicts that Japan will become the world’s technological leader in the twenty-first century. At that point, he suggests, Japanese technology will be put to work creating lifestyles that have powerful appeal to the people in other countries, thus offering a "Japanese dream" to supplant the "American dream" that has dominated this century.

Japan’s manufacturing process is the envy of its competitors worldwide. Apart from that, the speed with which emerging technologies get incorporated into new products, flexible manufacturing techniques, and the rapidity with which products evolve to meet market needs – all indicate a highly adaptable, pragmatic society that can respond swiftly to challenge.



Others look to the future with less optimism. Representative of this camp is Minamoto Ryôen, who has studied the development of Japanese national character in the modern period and the years leading up to it. Calling attention to the indigenous tradition of practical science that assisted Japan’s rapid technological progress, Minamoto asserts that Japanese civilization entered an overripe phase as far back as the high-paced economic growth years of the 1960s.

Thinking on the same lines was Yukio Mishima, the nationalist writer who committed ritual suicide in 1970. He wrote; "Japan will disappear; it will become inorganic, empty, neutral-tinted; it will be wealthy and astute; it will remain only as a giant economic power in a corner of the Far East." Many thinkers seem to find a prophetic ring to these words.

 

Continued:  Stages in the modernization of Japan

Related:  What is the future of Japan in the world

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