In Collaborative Development in Northeast Asia , Michio Morishima
is concerned with an imaginary world as Joseph A. Schumpter was in
Capitalism, Socialism and Democracy . Unlike his model, Morishima's
explicitly assumes that both 'politicians' and 'entrepreneurs' are
active in making innovations in the political and business worlds
respectively. Only then would an Asian Community made up of China,
Japan, two Koreas and Taiwan be possible. He examines how the
Community would work and argues that it is the only hope for Asia's
revival.
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