San José State University
Department of Economics
Thayer Watkins
Silicon Valley
& Tornado Alley

Japan Inc.

During the 1970's and 1980's there was a persistant fear that Japan had developed a superior and invincible economic system which combined the private enterprise with government guidance. The collapse of the bubble economy around 1990 calmed those fears at least temporarily.

The system of Japan Inc. has its roots far back in Japanese history but it was the year 1960 which led to their implementation. There were three traumatic events which occurred in 1960 and raised fears that Japanese society might be disintegrating. Those events were:

(To be continued.)

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