Since its foundation in August 2009, Yoshimi Watanabe’s Your Party has been a bit player, but usually an interesting one. What set Your Party apart from a host of many other short-lived outfits was its relatively clear policy identity. This was the party of free enterprise, neoliberal economics, deregulation, and limited, preferably decentralized, government.
There’s one thing that all of Japan’s significant, existing opposition parties seem to agree upon; and that’s that none of them have any hope of overthrowing Liberal Democratic Party rule on their own in the presumed double elections of July 2016. They must combine their forces in some new manner in order to present a credible alternative that people might actually vote for.
For quite some time Yoshimi Watanabe’s Your Party has seemed like one of the less dysfunctional Japanese opposition parties. Larger opposition parties like the DPJ had lost any recognizable policy identity, whereas Your Party’s commitment to free market economics, deregulation, and decentralization was rather consistent. And, unlike the Social Democratic Party or Japan Communist Party, Your Party’s agenda was sufficiently mainstream and conservative that at least part of The Establishment, especially the business sector, could conceivably embrace them.