Friday, April 15, 2016

Should We Be Turning Japanese?



Should We Be Turning Japanese?

"Japan has found a separate reality—a separate peace if you will—from the globalization paradigm that has dominated the West since World War II. The country’s experience over the past quarter-century raises the question: How open does a modern nation need to be in order to be “successful”? That should prompt us to ask, in turn, whether we in the West have been overstating the benefits of openness and globalization, and underestimating the virtues of social cohesion and stability."

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