By W. Nester
This article analyzes US-Japan family members amidst the altering nature of strength and diplomacy. Chapters discover the relative successes and shortcomings of yankee liberalism and jap neomercantilism, the bilateral exchange duels over finance, excessive expertise and agriculture, and the prices and merits of international funding and army spending. The booklet concludes with feedback for a systemic and radical overhaul of yank rules towards itself, the worldwide economic climate, and Japan. William R. Nester has additionally written "Japan's starting to be energy Over East Asia and the area Economy", "The Foundations of jap Power", "Japanese business Targeting", and "Japan and the 3rd World".
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Extra resources for American Power, the New World Order and the Japanese Challenge
Wealth and power become increasingly synonymous. Wealth is used to create more wealth. But how is wealth created? Three theories dominate contemporary discussions of wealth's creation and distribution - Marxism, liberalism, and neomercantilism. There are still many people around the world who for either sentimental, neurotic, or cynical reasons claim allegiance to Marxism. But at best, Marxism's focus on state ownership and direction of the means of production has simply redistributed poverty and been used as a highly effective means whereby a tiny elite exploits a captive, impoverished population; at worst, Marxism, in the Soviet Union, China, Kampuchea and elsewhere, has led to the mass murder and starvation of tens of millions of human beings.
If its culture and ideology are attractive, others will more willingly follow. If it establishes international norms that are consistent with its society, it will be less likely to have to change. If it can help support institutions that encourage other states to channel or limit their activities in ways the dominent state prefers, it may not need as many costly excercises of coercive or hard power in bargaining. In short, the universalism of a country's culture and its ability to establish a set of favorable rules and institutions that govern areas of international activity are critical sources of power.
Dutch capital largely financed British commercial and industrial growth at the end of the seventeenth century and the beginning of the eighteenth century. Similarly, British investments provided an essential stimulus to the growth of the United States . . (and) the growing British market - the dominant consumer market of the time - helped spur both German and American industrial development . . The United States provided not only a great deal of economic aid to Japan in the aftermath of the war, but also sustained the latter's growth through offshore procurement of Japanese goods .
American Power, the New World Order and the Japanese Challenge by W. Nester