Neoliberalism and democracy can't exist together. It's time for us to
stress democracy.
Japan has a democratic political system and a capitalist economy.
Modern Japanese society consists of people acting in both the
political and economic realms. Each one of us is a free citizen.We
are also consumers and investors.
A capitalistic society becomes stable when capitalism is balanced
against democracy. But because our capitalistic system has been
driven recklessly toward a kind of market fundamentalism, the balance
is completely off and the citizens are less free. Unions have lost
power. Many workers have lost their jobs. Social welfare programs
have been greatly reduced. The structural reform that hid behind the
name of "deregulation" took aim at the weakest of us and forced more
hardship upon them. The strong have profited from the changes, but
the weak are made more miserable.
Japan must revive its brand of democratic capitalism. Citizens must
recover their basic human rights. The Bush administration has made
the majority of us unhappy with its beautiful sounding neoliberal
globalism $B!=(B a series of structural reforms that bring us market
fundamentalism, small government, deregulation and less social
welfare. Neoliberal globalism brings misery to the people while also
destroying capitalism. The downfall of Lehman Brothers points to the
defeat of neoliberalism.
We must turn from the reckless course neoliberalism has put us on.
To do that, we need to resuscitate our democracy.
A new government replacing the LDP-New Komeito coalition must be
dedicated to reviving democracy. It must promise to defend our basic
human rights and Japan's Constitution. And it must act on that promise.