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History of Japan

Episode 539 - Japan Falling

History of Japan

Isaac Meyer

Japan, History, Japanese

4.8744 Ratings

🗓️ 26 July 2024

⏱️ 43 minutes

🧾️ Download transcript

Summary

In the penultimate episode of the Revised Introduction to Japanese History: the 1980s sees the rise of Japan's asset bubble and the peak of the high-rollin' postwar. But the new prosperity is built on faulty ground that is already beginning to creak...

Show notes here.

Transcript

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0:00.0

Hello, the episode you're about to listen to is part of a multi-part series introducing an overview

0:07.4

of Japanese history.

0:09.4

This is a repeat of one of the original projects the History of Japan podcast was built on,

0:15.0

and is intended to serve as an update and supplement to these original works.

0:20.5

After 10 years, my hope is to return to this approach and to do it a little bit better,

0:25.2

given the skills that I have improved in the intervening years.

0:29.1

If you haven't been doing so already, you should listen to these episodes sequentially,

0:33.9

starting with episode 501.

0:37.1

Without any further ado, enjoy Falling.

1:06.2

In 1987, a British historian by the name of Paul Kennedy published the first edition of a book called The Rise and Fall of Great Powers.

1:15.6

It's about, well, more or less what it says on the tin.

1:19.6

Kennedy's work is a survey of great power politics from about 1,500 or so to the end of the 20th century,

1:26.6

and his argument, in as much as one can summarize, a 300-ish page from about 1,500 or so to the end of the 20th century,

1:30.3

and his argument, in as much as one can summarize,

1:32.9

a 300-ish-page book in a few sentences,

1:39.0

is that, A, economic power and resources are what make a great power great,

1:41.6

B, power is always relative,

1:45.4

because nation-states are in a constant state of military competition,

1:53.1

and thus C, military overstretch and economic stagnation, are the main threats to a great power's standing.

1:55.4

Much of the actual work is spent applying that basic framework to the last half a millennium of great power politics

2:02.3

to show how it fits. Now, the rise and fall of great powers has been controversial since it came out,

2:09.6

and I don't mean that in a bad way, just that the thesis triggered a lot of healthy academic

...

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