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Welfare and Capitalism in Postwar Japan (Hardcover)

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Product Overview

This book explains how postwar Japan managed to achieve a highly egalitarian form of capitalism despite meager social spending. Estevez-Abe develops an institutional, rational-choice model to solve this puzzle. She shows how Japan's electoral system generated incentives that led political actors to protect, if only for their own self-interested reasons, various groups that lost out in market competition. She explains how Japan's postwar welfare state relied upon various alternatives to orthodox social spending programs. The initial postwar success of Japan's political economy has given way to periods of crisis and reform. This book follows this story up to the present day. Estevez-Abe shows how the current electoral system renders obsolete the old form of social protection. She argues that institutionally Japan now resembles Britain and predicts that Japan's welfare system will also come to resemble Britain's. Japan thus faces a more market-oriented society and less equality.

Specifications

Publisher Cambridge Univ Pr
Mfg Part# 9780521856935
SKU 208020955
Format Hardcover
ISBN10 0521856930
Release Date 5/14/2012
Product Attributes
eBooks Kobo
Book Format Hardcover
Number of Pages 0360
Publisher Cambridge University Press
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