Strategic Capitalism
Private Business and Public Purpose in Japanese Industrial Finance
Kent E. Calder


Was Japan's economic miracle generated primarily by the Japanese state or by the nation's dynamic private sector? In addressing this question, Kent Calder's richly detailed study offers a distinctive reinterpretation of Japanese government-business relations. Calder challenges popular opinion to demonstrate how Japanese private enterprise has complemented the state in achieving the national purpose of industrial transformation.

Kent E. Calder is Associate Professor at the Woodrow Wilson School of Public and International Affairs at Princeton University and the Director of Princeton University's Program on U.S.-Japan Relations. He is the author of Crisis and Compensation: Public Policy and Political Stability in Japan (Princeton), for which he won the Hiromi Arisawa and Masayoshi Ohira Awards. He is also the coauthor, with Roy Hofheinz, Jr., of The Eastasia Edge.