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The Japanese Challenge to the American Neoliberal World OrderIdentity, Meaning, and Foreign Policy$
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Yong Wook Lee

Print publication date: 2008

Print ISBN-13: 9780804758123

Published to Stanford Scholarship Online: June 2013

DOI: 10.11126/stanford/9780804758123.001.0001

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Who and What is Normal in the History of the World Economy?

Who and What is Normal in the History of the World Economy?

Marxism, Economic Liberalism, and Developmentalism

Chapter:
(p.63) 4 Who and What is Normal in the History of the World Economy?
Source:
The Japanese Challenge to the American Neoliberal World Order
Publisher:
Stanford University Press
DOI:10.11126/stanford/9780804758123.003.0004

This chapter investigates what made it possible for Japan to challenge neoliberalism. It analyzes a domestic version of the politics of economic development in Japanese in the late 1980s and early 1990s, and explores three main economic discourses in Japan including developmentalism, economic liberalism, and Marxism. The chapter suggests that the rise of Asian economies in the 1980s empowered the Japanese developmentalists and played a key role in increasing the intellectual authenticity of their normalcy claim.

Keywords:   neoliberalism, Japan, economic development, developmentalism, economic liberalism, Marxism, Asian economics, intellectual authenticity, normalcy claim

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