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Article: The Rise of the Japanese Corporate System: The Inside View of a MITI Official.
- Article from:
- Southern Economic Journal
- Article date:
- January 1, 1993
- Author:
CopyrightCOPYRIGHT 1993 Southern Economic Association. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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This is a translation of an influential 1983 volume, Kigyoshugi no Koryu. Its thesis is that contemporary Japanese kigyoshugi--"companyism" or "corporate corporatism"--is both different from and superior to orthodox Western models of capitalism, socialism, and co-determination. To quote: "A new economic system has developed and been nurtured in Japan inside a shell of capitalism . . . It provided the propulsive energy that enabled the Japanese economy to expand 15-fold between the mid-1950s and the mid-1980s, and to this day it remains the source of the Japanese economy's strong vitality." Mr. Matsumoto wrote the original Japanese text during his long service in MITI, ...