October 14 - October 14, 2010 Temin Prompt: Outlining the...

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Temin Prompt: Outlining the defense of the assertion that Japan will win. US and Japan are contestants. Japan not as national entity, but Japanese style of economic performance. During mid-90’s Japan had just had financial collapse Just prior to collapse of real estate value, Japan was celebrated as untouchable powerhouse of economic superiority The American way of doing business would be eclipsed. Japan’s economy remains incredibly strong. Why does Temin think Japan will continue to dominate, and why can’t the US compete? Anything Japan can do, we can do better (WRONG) – Imitation does not work. Japanese have discovered the best way to “do” an economy Their economic system is not exportable, or importable. Not useful to write a historical narrative. Drop-in-a-bucket problem Disassociation between effort and reward leads to the problem of individual actors not feeling that their effort has any effect on the aggregate. You know why the tasks need to get done, but the disconnect
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October 14 - October 14, 2010 Temin Prompt: Outlining the...

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