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Tag Archives: US Dollar

Shigeru Yoshida and the Conservative Client State

Shigeru Yoshida’s second premiership from 1948-1954 was one of the most transformative in Japanese history, taking the nation from its progressive, unstable early postwar era into a long period of entrenched conservative rule, ostensibly exercising independence but in reality functioning as a client state absorbed into the informal American empire.

Russia Looks East to Overcome Sanctions

Economic sanctions and corporate boycotts have not caused the rapid collapse of the Russian economy, as some Western commentators had hoped. Sanctions are, however, pressuring economic lifelines for the Russian people and forcing Moscow to embrace Eurasian ties.

An Epitaph for Kishida’s New Capitalism

The Kishida government has declared that all Japan taxpayers have a “responsibility” to support its policy of dramatically increasing military expenditures, accepting the premise that Japan’s neighbors are likely to launch an armed attack unless deterred from doing so. This marks the effective end of “New Capitalism.”

Searching for Japan’s Covid-19 Transformations

Immediately after the 1923 Great Kanto Earthquake, many began to imagine a physically and conceptually transformed Tokyo. While we may be nowhere near the end of the slow-motion train wreck that is Covid-19, imagining a post-pandemic Japanese society that can benefit citizens is the beginning of revitalization, and hopefully, a more substantial set of transformations.

Akita Election Deals Blow to Controversial Missile Defense System

The planned construction of the Aegis Ashore missile defense system in Akita has once again suffered a blow as independent, opposition-supported candidate Shizuka Terata won in the House of Councillors election. Terata’s victory owes to the efforts of many in the region who are strongly opposed to the deployment of the facility so close to the city center.