1991
DOI: 10.1179/vea.1991.22.1.24
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“…The acknowledgment of such differences, however, puts the Japanese -American relationship on "a new ideological footing, one that in [Johnson's] opinion is more realistic than the old one and that will have to abandon the condescending efforts of American gaiatsu to force the Japanese to reform their economy using the American economy as a model." 24 As a bottom line, it may be concluded that the "political" view explicitly acknowledges the existence of two fundamentally different socio-economic systems, whereas the "economic" mode of analysis bases a detailed economic theory on the assumption of a basically identical socio-economic system. A more detailed discussion of the relation between the two views follows in the next, and final, chapter.…”
Section: Daniel Fusfeld Describes Contemporary Economic Thought As Bementioning
confidence: 99%
“…The acknowledgment of such differences, however, puts the Japanese -American relationship on "a new ideological footing, one that in [Johnson's] opinion is more realistic than the old one and that will have to abandon the condescending efforts of American gaiatsu to force the Japanese to reform their economy using the American economy as a model." 24 As a bottom line, it may be concluded that the "political" view explicitly acknowledges the existence of two fundamentally different socio-economic systems, whereas the "economic" mode of analysis bases a detailed economic theory on the assumption of a basically identical socio-economic system. A more detailed discussion of the relation between the two views follows in the next, and final, chapter.…”
Section: Daniel Fusfeld Describes Contemporary Economic Thought As Bementioning
confidence: 99%