What Eating the Rich Did for Japan

[Nilotic]

 

[Samira]

Lol. This guy presents the American victor looting the spoils of their conquered enemy as “eating the rich” and the move by American capital to incorporate the Japanese bougeoisie (like they did the Germans) into their international system in order to stymie the USSR/China as wise policymaking on the part of the Japanese and “an economic miracle.” What a shameless doofar! Japan is a creation of Washington and nothing more.

 

[Nilotic]

Lol. This guy presents the American victor looting the spoils of their conquered enemy as “eating the rich” and the move by American capital to incorporate the Japanese bougeoisie (like they did the Germans) into their international system in order to stymie the USSR/China as wise policymaking on the part of the Japanese and “an economic miracle.” What a shameless doofar! Japan is a creation of Washington and nothing more.

Could you please detail the "looting" that Japan endured following its surrender?

Japan grew to be the 2nd largest economy following its defeat and gained access to the U.S. market, so how exactly is this evidence of it being looted?

The economic reforms in Japan took place before WW2, so I don't understand your narrative.

 

[Samira]

Could you please detail the "looting" that Japan endured following its surrender?

Japan grew to be the 2nd largest economy following its defeat and gained access to the U.S. market, so how exactly is this evidence of it being looted?

The economic reforms in Japan took place before WW2, so I don't understand your narrative.

The abortive dismantling of the zaibatsu was a policy undertaken by MacArthur in order to limit Japanese industrial competitiveness much in the framework of the also abandoned Morgenthau plan. This is not some policy of “eating the rich” like the anime watcher who narrated that video makes it seem. And it had nothing to do with Japan’s future growth.

Afterwards, in 1947-1948, this policy is changed when the Japanese ruling class offered to side with America in the Cold War. Japan is a resource poor, demilitarized nation with American troops occupying it so it could be easily controlled. They eased off the dismantling of state-owned trusts and allowed for Japan to keep its industries. This is ramped up even more when Mao takes over China in 1949. American elites then support a peaceful version of the infamous “Co-Prosperity Sphere” or the “Flying Geese” model. US Advisors in partnership with Japanese business moved to an export focused economy by depressing wages/prices. Japan was the second-largest recipient of World Bank loans after India. The so-called “miracle” came from Shaytaan in the guise of an angel

America would later toss Japan into the garbage with the Plaza Accords. Japan was forced to buy the debt created by Reagonomic tax cuts and to revalue its currency. This led to the asset bubble, the subsequent crash and the stagnation of Japan’s growth which continues to this day. This is all passed over by anime watching weaboos who probably hate China because it’s the only Asian country with any balls!