TSE market capitalization returns to number one in Asia - Expectations for Japan's competitiveness after withdrawal from Chinese investment?
2024-01-17
Category:Japan
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TSE market capitalization ranks first in Asia again
On the 11th, the total market capitalization of stocks listed on the Tokyo Stock Exchange exceeded that of China's Shanghai Stock Exchange. It seems that the TSE has returned to the top spot in Asia for the first time in about three and a half years. Various things are being talked about, including a move away from investment in China and expectations for Japan's competitiveness to recover. In the first place, the current strange international situation is the result of developed countries investing in dictatorial countries such as China and Russia.
G7 countries monopolized the world's wealth
In 1973, the G7 once accounted for 65% of world GDP. That's the GDP of only seven countries. This was seen as a monopoly on the world's wealth, and problems in developing countries were discussed. At that time, the world was also in the era of the Cold War, but the Cold War itself was at least a better era than now. Economic and political exchanges between communist and capitalist countries were closed off and blocked by a barrier called the Iron Curtain. Russia and China are calling for a return to the Cold War era, but is that really the case? One could argue that the Cold War era was the era with the least number of wars in the world.
The collapse of the Soviet Union changes the balance.
After the collapse of the Soviet Union, the countries of Eastern Europe collapsed one after another. China also pursued a path of liberation and reform, aiming to become an open nation. After the fall of the Berlin Wall, the world went crazy and thought the era of tension was over, but that was not the case at all. The loss of balance in the world has led to localized conflicts. Issues that were not highlighted during the Cold War era have been exposed as tensions have eased. Various things have been said about this, and while that may be true, I believe that it is essentially a matter of money.
Global capital flows into authoritarian countries
What began with the collapse of the Cold War was global capital, or so-called globalism. Globalists are talked about as a conspiracy theory on social media, but there is no interest in knowing who is behind it. The problem is that the era when business and investment in authoritarian countries began can be thought of as the collapse of the Cold War. Did they simply think that the world would turn to democracy once communism fell? What is clear today is that the country has spent decades cultivating a state in which its domestic market is opened up to the capitalist state as much as possible, and wealth is distributed by a dictator.
Democracy is a condition for investment
The Cold War era was a great time. It was a time when the world was divided based on ideology, and it was a rational and peaceful time. The world should once again create an iron curtain of democratic and non-democratic countries. We no longer need to care how much wealth the G7 makes. Only countries that choose the democratic state form can receive democratic investment. As long as we continue to be a dictatorial nation, we should just live with the economy of dictatorial nations. You should rethink that. However, there will be some remorse for the times when we grew a nation that grew fat and threatened us with weapons.
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[related article]
The two - party system that is possible in Japan would be better if the Liberal Democratic Party was split into two - the opposition party would not become the ruling party.
Democratic government described as a nightmare
How much power should be given to the opposition party
What should a two-party system look like?
Republican policies and Democratic policies
Two-party system with the ability to govern
In the run-up to the House of Councilors election, when considering a two-party system that is possible in Japan, the media immediately talks about the need to develop an opposition party to compete with the Liberal Democratic Party, but based on painful experience under the previous Democratic Party administration, Japanese people are fed up with that story. Former Prime Minister Abe described the Democratic Party of Japan as a "nightmare government."
The Democratic Party of Japan, which gave up power after three years, subsequently fell apart and fell apart, but Japanese voters still had high expectations for the party, even for a certain period of time, when it came to the surprise of a party that split into pieces due to divisions among its ranks. He was appalled and regretted being appointed to the national government. So what is the current political party support rate? The opposition party only has an approval rating of around 5% at best. (Reference: Public opinion poll | Nippon Television)
I even wonder how much time we need to spend in the Diet against such an opposition party in the name of democracy. They were elected in their constituencies, but as a political party they can hardly be considered to represent the people.
Despite this, they do whatever they want under the pretext of monitoring the ruling party, and their activities only end up stalling the Diet by asking questions no different from those of weekly magazine reporters. .
Is it really possible to have a two-party system in Japan? There is an opinion that it is not true democracy if there is no change of government, and that is probably correct. However, the most serious problem is not that there is no other political party in Japan capable of managing the government other than the Liberal Democratic Party. So when will the opposition party grow? This year marks 77 years since the end of the war.
I've been saying for some time that it would be a good idea to split the Liberal Democratic Party into two, but most people give me strange looks. But guess what? The Liberal Democratic Party has a wide range of swings from left to right, which means it is a party with a wide range of defense. That is why it continued to be the ruling party for a long time after the war.
And in the last Liberal Democratic Party presidential election for Reps. Kishida, Takaichi, Kono, and Noda, a section of the public did not miss that this structure was clearly appearing and disappearing, but the media did not report on this structure.
Former Prime Minister Abe developed Abenomics in an effort to ease regulations, lower corporate taxes, improve the competitiveness of companies, raise gross output, increase employment, and induce inflation. Using the United States as an example, the policy will likely be more Republican.
Prime Minister Kishida has said that he would energize the middle class, and has advocated for growth rather than distribution, which is a rather left-wing position, which in American terms could be called a Democratic Party-like position.
In other words, this would be fine. The Liberal Democratic Party could be divided into two major parties, the right and the left, and the people could decide which policy is needed now, taking into account the domestic situation at the time, and then change the government. This is a healthy two-party system. What is currently taking place as a competition between factions within the Liberal Democratic Party will be exposed to the vote of the people by separating it into a political party..
Even though the Liberal Democratic Party already covers a wide range of policies from both the right and the left, opposition parties that stray outside of that range are often talking about policies that are not realistic in the first place. We have experienced this under the Democratic Party administration. What became strange was that they tried to leave the matter to the opposition party under the pretext of a two-party system. The problem is that the opposition parties have a modest number of seats.
The government cannot be entrusted to any party other than those that have the ability to become the governing party. No matter what ideals or ideologies, if they are imperfect planes, they will crash.
It may no longer be true that opposition parties support a healthy democracy. What is needed is a political party with the ability to take charge of the government and be responsible.
Rui Matsukawa announces her candidacy for the House of Councilors election | Japan should increase the number of orthodox right - wing female members.
Supporting right-wing female legislators in the House of Councilors election
Women's political participation tends to the left
Japanese politics with few female politicians
Creating a constant will solve the problem
It's not a constant, it's a matter of awareness of participation
We need right-wing female MPs
It was decided that July 10th would be the day for voting in the House of Councilors, and Liberal Democratic Party lawmaker Rui Matsukawa announced her candidacy on Twitter. This is the last day of the Diet session, and she said she will aim to pass a law establishing the Family Agency. She specializes in foreign affairs and is also knowledgeable about national defense, having served as Parliamentary Vice-Minister of Defense. I am not of the opinion that we should increase the number of female councilors, but rather that we should increase the number of orthodox right-wing female councilors like her and Councilor Takaichi.
Recently, when it comes to national defense in particular, there tends to be criticism that men are out of control when it comes to the military, but a female lawmaker's statement that Japan's national defense should be strengthened is a sign that women's public opinion is It also serves as a strong backing.
Good morning! It's finally the last day of the Diet session. We aim to enact the Children and Families Agency Establishment Act. The House of Councilors election is finally here. Thank you very much to everyone for the past 6 years. I would like to continue working with you. I will do my best. pic.twitter.com/Dm9xLsklWi? Rui Matsukawa =Liberal Democratic Party= (@Matsukawa_Rui) June 15, 2022
Up until now, female members of parliament have tended to be left-wing. To be honest, I'm tired of hearing things like ``opposing the amendment of Article 9'', ``getting along with neighboring countries'', and ``helping the weak'', and these statements will never make Japan stronger. In other words, there were many members with strong socialist and communist thinking. Regarding their historical views, they also said the same thing as China and the Korean Peninsula, calling for Japan to apologize to its neighboring countries.
She cried out that women's voices should be heard and spoke in the Diet as a representative of women, but her comments were left-wing, had strong socialist tendencies, and had a self-deprecating view of history. So, What has become of Japan today as a result of her listening to that voice?.
Some people say that there are few women members of the Japanese Diet, but what about the number of candidates? If there are fewer women candidates, it is natural that there will be fewer women elected. It has been pointed out that the percentage of women elected to the House of Representatives in 2021 is 9.7%. Not running for office in the first place means that you have no desire to become a member of the Diet, but calling for more women to become members of Congress is putting the cart before the horse.
Female members of the opposition parties often argue that the number of female members should be set at one-third, etc., but right-wing female members of the Liberal Democratic Party oppose this. Have opposition members ever wondered what would happen to the National Assembly if one-third of the members were incompetent? Of course, there are some excellent female politicians. This is also due to the fact that he himself ran for office and was elected.
In the first place, are there any gender differences in Japanese politics? I feel like this is based on the fact that in the past, women have not taken an interest in politics and have not participated in it.
This is because both men and women have equal rights to run for office and vote, and if we compare the population, there are more women than men. In other words, if all female voters vote for a female candidate, that female candidate will definitely win.
What is needed is a right-wing female lawmaker who can think about Japan's future, including national defense. Up until now, there was an illusion that Japan, protected by the US military, did not need to think about national defense, and on this premise, myths of friendship and equality with neighboring countries had flourished. Left-wing female parliamentarians were born from this soil. What they have done is no more than simply slandering the government and the ruling party.
The environment surrounding Japan is not always beautiful. We need to increase the number of right-wing female members of Congress who face these issues head-on and seriously consider how to deal with them.
Is the party ticket issue the result of a sound whistleblower? In Japan, a spy paradise, you can do whatever you want.
The public prosecutor's office is said to be looking into the party ticket issue, but the main concern is the source of the leak. The original story is an article in the Japan Communist Party's Red Flag Newspaper dated November 6, 2022, but it feels strange that a specific group is being hit in a domino pattern like this. We have seen a pattern in the past in which scandals are discovered one after another within the administration, resulting in a decline in approval ratings. I always wonder who is leaking this.
Japan is said to be a spy paradise, but how many spies are there in Nagatacho? I have no idea how many people are from which country or from which country. Since GHQ was involved in the central government of Japan under trusteeship, some people say that by extension it has a thorough understanding of the system, and that the CIA and others continue to infiltrate and collect information. This is not to say that whenever problems occur in Japan, it is the work of spies, but rather that they could easily do it if they wanted to.
If another country is in charge of a scandal involving a Japanese politician, and it becomes inconvenient, should we leak it?
In China, I sometimes hear people say that Xi Jinping is a smart leader because he advocates eradicating corruption, but this is ridiculous. It can be said that the anti-corruption movement is what created Xi Jinping's dictatorship. Xi Jinping has monopolized real power by eliminating political opponents one after another on the grounds of corruption. In addition, no one can say anything because they have the public security thoroughly investigate corruption by all Communist Party members, have evidence gathered, and arrest any strange behavior. Corruption-free cases in China are rare, so it's like almost everyone is threatened.
From the perspective of these countries, it seems easy to infiltrate Japanese politicians' personal secretaries, public secretaries, accountants, etc. with intelligence agents. Is Japan already so suppressed in various areas that it cannot even enact an anti-espionage law? At the very least, there is no doubt that corruption is a no-no, but if espionage from other countries is allowed to do whatever it wants, it would be as if Japanese members of Congress were also held hostage.
It is necessary to solve the problem of political funding fraud, but if information management is sloppy, there will be no problem.
Britain and Italy begin joint development of next - generation fighter jet - Will Japan's next - generation fighter jet be a game changer? It has been announced that the UK and Italy will jointly develop Japan's next-generation fighter aircraft. It had already been announced that Japan would develop a successor to the F-2, but now Japan has agreed to jointly participate with the UK and Italy. Prime Minister Sunak said the joint venture would create thousands of jobs in the UK and strengthen security ties.
It has advanced stealth characteristics, and AI functions support humans when the pilot is under extreme stress or unable to respond to a situation. If necessary, it can be operated without pilot instructions and can fire supersonic missiles.
Since the 1990s, the Ministry of Defense's Technical Research Headquarters (currently the Defense Equipment Agency) has developed the advanced technology demonstration aircraft X-2 to explore the possibility of developing a future stealth fighter F-3 (tentative name) using Japanese technology.
The X-2 aircraft underwent a total of 32 flight tests until October 31, 2017, verifying its stealth and maneuverability. This demonstrated that Japan has the ability to produce the F-3 domestically.
Among the 6th generation fighter jets currently being developed by various countries, the F-3 will have the highest performance. This is a fighter jet that truly represents the evolution of Made in Japan technology.
It is clear that the F-3 fighter will play an important role in NATO's strategy in the future, and it will be a game changer in China policy due to its clear performance differences. The future of Japan joining NATO has become a reality.
Study abroad boom in Japan at the end of the Qing Dynasty - The Korean peninsula missed the chance to modernize, and China failed to inherit the revolutionary spirit and plunged into civil war.
Japan study abroad boom in China
Studying in Japan begins with 13 students
Korea became an independent nation in the Sino-Japanese War
The Korean Peninsula missed the chance to modernize
Even after the Qing Dynasty fell, the revolutionary spirit was not inherited
Wang Zhaoming government established after the Sino-Japanese War
In China, a boom in studying abroad in Japan arose after the Sino-Japanese War. The purpose of studying abroad was to learn about Japan's modernization and policy of enriching the country and strengthening its military. Emperor Guangxu, Kang Youwei, and other Chinese intellectuals carried out the Restoration movement of ``transformation and self-strength,'' but it was thwarted by the pressure of conservative forces. Subsequently, educational reforms at the time were modeled on Japan, including the abolition of the imperial examination system (1905), the establishment of the modern school system (1904), the promulgation of the "Educational Philosophy" (1906), and the trial of compulsory education (1907). This is what we sought.
In 1896, for the first time, 13 young people were sent by the Qing Dynasty government to study in Japan, where they studied Japanese, chemistry, physics, mathematics, and other subjects for three years at the Tokyo National Higher Normal School's cram school. It is said that approximately 20,000 international students had come to Japan by the time of the Xinhai Revolution in 1911.
Political figures include Zhou Enlai, Li Dabei, Chen Duxiu, Wei Bei, Dong Yiwu, Chiang Kai-shek, Man Zhongshi, and Wang Zhaomei. Sun Yat-sen came to Japan as an exile in 1895. Cultural figures included Lu Xun, Guo Muruo, Tian Han, and He Xianggong.
While Joseon Dynasty was aiming for Chinese-style modernization, the Sino-Japanese War broke out in the wake of the Gongbo Peasants' War, and with Japan's victory, the Korean Peninsula became an independent nation. Kim Ok-gyun, who called for Japanese-style modernization, was assassinated about four months before the Sino-Japanese War began.
The movement of modernization on the Korean Peninsula was actually faster than in China. However, it did not become a big sensation and was crushed by the Joseon Dynasty, which had an old political system. Ironically, this was also due to pro-China policies. On the other hand, immediately after losing the Sino-Japanese War, China changed its policy toward Japanese-style modernization. Koten Miyazaki describes Kim Ok-gyun, who was exiled to Japan and was assassinated in Shanghai, as a person who should have become the Sun Yat-sen of the Korean Peninsula. Miyazaki, along with Takeshi Inukai and others, supported Sun Yat-sen's Xinhai Revolution. The Korean Peninsula has failed to modernize on its own.
As a result, in 1911, Sun Yat-sen succeeded in the Xinhai Revolution and founded the Republic of China, but as a condition of Emperor Xuantong's abdication, he made an exchange deal in which Yuan Shikai, a Beiyang warlord, became president, and the Qing dynasty ended. became increasingly authoritarian. A second revolution will begin to overthrow this. Even after the Northern Expedition was completed and Chiang Kai-shek became the president of the Nationalist Party, the division of China in the West continued. The spirit of Sun Yat-sen's revolution was to learn from Japan's Restoration and to stand together with the West and maintain our independence.
As the partition of China progressed, the Sino-Japanese War broke out, and the spirit of revolution was inherited by Wang Zhaoming's Nanjing Provisional Government. He was a close aide to Sun Yat-sen, had the experience of studying abroad in Japan, and participated in the Greater East Asia Conference. Over a long period of time, China failed in its revolution. On the contrary, the civil war between the People's Republic of China continued, and the People's Republic of China with a completely different ideology was born, not to mention Sun Yat-sen's revolution. The Japanese Restoration that Sun Yat-sen aimed for was not only about modernization, but also about achieving a rich nation and strong military in Asia, and protecting its independence from becoming a Western colony.
Japan is the only country with people of color that has succeeded in modernizing itself. It was only natural for Asian countries to learn from Japan in order to modernize.