Reprogramming Japan: The High Tech Crisis Under Communitarian
Capitalism. By Marie Anchordoguy. Ithaca, NY: Cornell University
Press, 2005. 257p. $39.95.
Over the last 20 years, Japan has passed from wunderkind of global
capitalism to problem child, troubled by recession and stagnation. Marie
Anchordoguy's Reprogramming Japan joins the growing body of
analysis diagnosing this sad falling off, focusing on the crisis of the
high-technology sectors where silicon samurai once seemed to reign
supreme. In Anchordoguy's view, the cause of the problem is
“communitarian capitalism.” This is a capitalism that depends
heavily on state direction—governmental support for select large
firms, a social contract assuring citizens permanent employment, regular
wage increases, and union–management deals for labor peace. This,
she suggests, is something verging on socialism. Although it has
“all the trappings of private property and profit-making
institutions,” the dynamism of the market is constrained by a system
that “favor[s] social stability over efficiency” (p.
7). It is, in her view, “quasi-capitalism” (p. 7).
Communitarian capitalism, she argues, laid the basis for Japanese success
from the 1950s through the 1970s, when global economic conditions were
positive, technological trajectories were clear, and foreign products
could be reverse-engineered. But in the 1980s and 1990s, intensified
competition, transnational outsourcing, and fiercely enforced intellectual
property rights made this system a fetter on the very forces of production
it had fostered.