Takamitsu Sawa - The Japan Times

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Takamitsu Sawa

For Takamitsu Sawa's latest contributions to The Japan Times, see below:

COMMENTARY

Jan 29, 2001

'Bubble' ethics cripple Japan

Chaos prevailed at some of the coming-of-age ceremonies held across the nation on Jan. 8. Youngsters who had joined the ranks of adults behaved like rogues, swilling sake from king-size bottles, throwing firecrackers at a mayor, or shouting "go home" to a governor. These and other acts of gross incivility, reported vividly in newspapers and on television, shocked many people.

COMMENTARY / World

Jan 1, 2001

A possible Third Way for Japan

During the last decade of the 20th century, Japan's economy stagnated. The recession that followed the collapse of the asset-price bubble (1987-90) hit bottom in October 1993, but the economy remained flat through the end of 2000, with no visible signs of a lasting recovery.

COMMENTARY

Nov 6, 2000

Profit, but at whose expense?

Amartya Sen, winner of the 1998 Nobel Memorial Prize in economics, says consumers who seek maximum gains and companies that seek maximum profits are "rational fools." The Oxford University professor also says behavioral standards of consumers and companies should be based on "commitment and sympathy."

COMMENTARY

Oct 9, 2000

The crystal balls grow opaque

All kinds of "self-confident" experts make predictions in the mass media about the economy and politics. In Japan, such experts are rarely held accountable if they err in their predictions. In the late 1980s, when the bubble economy peaked, Japanese experts expressed the following opinions that later turned out to be completely mistaken:

COMMENTARY

Sep 12, 2000

Japan needs a Third Way

Through the last decade of the 20th century, the Japanese economy has been in a state of confusion. After the bubble peaked in 1987-90, the economy went into a tailspin. The economy hit bottom in October 1993, according to official statistics, but since then it has shown few tangible signs of robust recovery. As of last October, it was moving slowly at that low level.

COMMENTARY

Aug 7, 2000

Laissez faire destroys itself

The market economy is akin to nature. Government intervention in the market is comparable to the destruction of the natural environment and should be avoided. Nature untouched by the human hand is great. The fury of the elements dwarfs human power. Essentially, that is the opinion of free-market advocates, who may be described as "economic ecologists."

COMMENTARY

Jul 3, 2000

Japan's money-loving youth

With industrialized economies entering the postindustrial age, key issues in domestic politics are shifting their focus from materialism to postmaterialism. The "materialistic" issues include economic growth, income redistribution, welfare, employment, industrial development and international trade. Among the "postmaterialistic" issues are education, medicine, environment, consumer protection, gender equality and immigration.

COMMENTARY

Jun 5, 2000

The conservative's dilemma

Traditionally American voters have been given a choice between conservatism and liberalism. The Republican Party is labeled "conservative" and the Democratic Party "liberal." In Japan before 1993, when the Liberal Democratic Party lost its monopoly on power, the choice was between conservatism and socialism. For decades Japanese voters had no need to draw a fine line between conservatism and liberalism.

COMMENTARY

May 8, 2000

Japan drifts without goals

This last decade of the 20th century has been labeled a "lost decade" for Japan. The Heisei recession that began in May 1991 bottomed out in October 1993. In subsequent years, however, Japan's economy continued to stagnate, contrary to general expectations. A decade of economic drift has created a sense of paralysis in Japanese society, a feeling that the nation is in a dead-end situation. That feeling lingers even as the 21st century approaches.

COMMENTARY

Apr 11, 2000

Hot air about the carbon tax

The debate on the carbon tax is heating up again after a lapse of two and a half years. Before the 1997 Kyoto conference on climate change, I proposed that Japan introduce this environmental tax, following Norway, Sweden, Finland, Denmark and the Netherlands. However, the Ministry of International Trade and Industry, the Federation of Economic Organizations (Keidanren) and industries such as steel and petroleum opposed the tax for the following reasons.

COMMENTARY

Mar 14, 2000

In praise of market heretics

During the 1980s and 1990s, waves of neoconservatism swept the world. The movement was sparked by two politicians: Margaret Thatcher, who became the prime minister of Britain in 1979, and Ronald Reagan, who became president of the United States in 1981. In Japan, a neoconservative administration headed by Yasuhiro Nakasone came into being in 1982.

COMMENTARY / World

Feb 7, 2000

Choose: equality or freedom

The third ministerial meeting of the World Trade Organization, held in Seattle Nov. 30 through Dec. 3, ended in unexpected failure. The push for new global trade talks collapsed due to opposition by developing countries, which account for more than 100 of the WTO's 134 member nations. The developing countries were supported by citizens' groups, nongovernmental organizations, labor unions, farmers' organizations and consumer groups, which all joined in large-scale protest activities.

COMMENTARY

Jan 1, 2000

Japan looks for a purpose

The 1990s is said to have been a "lost decade" for Japan. That may be true. In May 1991, Japan's economy plunged into a slump that would be called the "Heisei Recession." In October 1993, the economy "bottomed out," but ever since then it has remained in the doldrums. The protracted slump has had extensive effects on Japanese society, bringing turmoil in politics and stagnation in other fields, such as science, sports and culture.

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