*Japan Zoominar @ UC San Diego: "Shibusawa Eiichi's Legacy and Japan's 'New Form of Capitalism,'" with Patricia L. Maclachlan and Robert A. Feldman
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Wed, Mar 23, 8:00-9:00 am* JST (Tue, Mar 22, 4:00-5:00 pm Pacific)
(*Please note: Due to the switch to daylight saving time in the U.S., the new Japan time for the JZ is now Wednesdays, 8-9 am.)

Can capitalism be good for all? Prime Minister Kishida Fumio has announced a plan to ensure just that for Japan, foreseeing a "New Capitalism" that spurs economic growth while building social equality and equity. By increasing the metabolism of the economy and (re)introducing redistribution, Japan hopes that growth in commerce will achieve a "triple win" for business, people, and the economy and society overall. One of the most famous entrepreneurs in Japanese history, Shibusawa Eiichi, had exactly this vision some 100 years ago. But can it be fulfilled in the 21st century? What kind of institution-building and regulatory change will it require, and can it survive amid global competition? Join us as we look at this challenge from the perspectives of political science, economics, and business.

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*Patricia L. Maclachlan* is Professor of Government and the Mitsubishi Heavy Industries Professor of Japanese Studies at the University of Texas at Austin. A student of interest group politics and political-economic reform in Japan, her publications include Consumer Politics in Postwar Japan: The Institutional Boundaries of Citizen Activism (Columbia University Press, 2002) and The People's Post Office: The History and Politics of the Japanese Postal System, 1871-2010 (Harvard University East Asia Center, 2011). She is also the author, with Kay Shimizu, of Betting on the Farm: Institutional Change in Japanese Agriculture, which is forthcoming in March 2022 from Cornell University Press. Dr. Maclachlan has served on the U.S.-Japan Friendship Commission, the U.S.-Japan Conference on Cultural and Educational Interchange (CULCON), the American Advisory Committee of the Japan Foundation, and the Board of Trustees of the Journal of Japanese Studies.

*Robert Feldman* is Senior Advisor to the Research Department of Morgan Stanley MUFG Securities, where he has worked since 1998, following previous leading roles at Salomon Brothers and the IMF. He holds a PhD in Economics from MIT, has published nine books, and translated four. In 2017 he joined the faculty at Tokyo University of Science as a professor in the Management of Technology program.

*Ulrike Schaede* is Professor of Japanese Business at GPS, UC San Diego, and the Director of JFIT. Her research focuses on Japan's changing corporate strategies, including business culture, change management, and business organization. Her 2020 book "The Business Reinvention of Japan" analyzes how Japanese companies are responding to the rise of China and the changing global competition.

Register here: https://bit.ly/3IbjKL1

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