In the shadow of the rising sun : the political roots of American economic decline
This book asks what explains the inability of American political leaders to devise an industrial policy capable of focusing the energies of American business on the task of meeting the Japanese challenge. To get at the political roots of American economic decline, the author examines political philosophy, comparative politics, and international political economy. He concludes that failures of management, finance, and politics are interlocking and reinforcing; and more critically, that the political inheritance of America, reflected in the very design of the Constitution and the long dominance of Jeffersonian individualism over Hamiltonian statism prevents a more effective response to the Japanese economic challenge
Print Book, English, ©1991
Pennsylvania State University Press, University Park, Pa., ©1991
xvi, 343 pages ; 24 cm
9780271007656, 9780271007663, 0271007656, 0271007664
23082096
The American dilemma. Losing the economic war with Japan
Why America can't compete
How the Japanese do it. Japanese industrial policy and the Japanese system
Nonpolitical elements of the Japanese system
The critical role of the Japanese state
The political roots of American economic decline. The anti-statist tradition in America
Thomas Jefferson, patron saint of the anti-statist tradition
Politics and bureaucracy in America
Economic policy and the industrial policy debate in America. Failures of U.S. economic policy-making
American industrial policy: no industrial policy
State and bureaucracy in Germany
State and bureaucracy in France