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A Vision of a New Liberalism? - Critical Essays on Murakami's Anticlassical Analysis (Hardcover)
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A Vision of a New Liberalism? - Critical Essays on Murakami's Anticlassical Analysis (Hardcover)
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In 1992, a year before his death, Yasusuke Murakami published in
Japanese "An Anti-Classical Political-Economic Analysis: A Vision
for the Next Century" (English translation, Stanford, 1996). A work
that distilled decades of research and thought by a distinguished
economic theorist turned social scientist and philosopher, it sold
more than 25,000 copies in Japan despite its highly scholarly
nature. The book enjoyed such immediate recognition because it
offered a sanguine vision for the community of nations and because
Murakami's vision was supported by acute insights on, and seminal
analyses of the crucial issues relating to economic growth,
equality, peace, and cultural diversity we face at the end of the
twentieth century.
This volume presents nine essays--by five political scientists,
three economists, and a historian--that critically evaluate the
vision and analyses in Murakami's book by focusing on his two key
contributions. The first is "polymorphic liberalism," a new type of
liberalism that reflects the needs of both developed and developing
economies and the realities of the diversity of cultures; the
second is "developmentalism," a long-term, multifaceted policy
intervention in catch-up economic growth. The volume also contains,
as appendixes, two essays that further a more complete
understanding of Murakami's book: a brief summary of Murakami's
"new economics," his replacement for neoclassical economics, and a
discussion of England as the first developmentalist success.
All the essays deal, in one way or another, with Murakami's answers
to such questions as: What new world order must be created to best
provide peace and security to nations? What shared beliefs or
principles can help evolve this new world order that is menaced by
regional wars and serious international confrontations caused by
political, economic, and ethnic-cultural conflicts? How will the
character of industrialization change, and what must we do to best
respond to changes that are likely to increase political and
economic interdependence among nations? And what roles must the
United States, the European Union, and Japan play to secure world
peace, to maintain an orderly international trade regime, and to
reduce disparity in nations' income and wealth?
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