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        Article Author: Bill Lucarelli

        Japan’s Stagnationist Crisis

        by Bill Lucarelliand Joseph Halevi
        • Geography
          • Asia
        • Subject
          • Political Economy
            • Economic Theory
            • Stagnation
        • Issue:
        • Vol. 53, No. 09 (February 2002)

        February 1, 2002

        In this article we will argue that the Japanese economic crisis is connected to a process of oligopolistic accumulation and to Japan's role as the regional economic hegemon in East Asia. The combination of these two factors generates a classic Baran-Sweezy-Magdoff perspective on the crisis in Japan

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