Father's shoes: political success becomes a matter of heredity
Article Abstract:
Hereditary succession in Japanese politics is common to all major political parties. The trend, which started when the first generation of post-war leaders passed away, will likely continue as policy distinctions between major parties become less defined. Despite firm regulations against hereditary succession in the Japanese business community, and a societal tendency toward egalitarianism, Japanese politics is still driven by connections, reputation and money. A lack of organization at the grassroots level, and a strong cult of personality have prevented significant electoral reform.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1993
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Big business blues: Keidanren no longer calls the political shots
Article Abstract:
Japan's Keidanren has lost its former formidable political and business clout. Keidanren refers to the Federation of Economic Organizations formed in 1946 to link big industries with the government. The group is composed of powerful figures from the business, government and political sectors. Time was when the successful men of Keidanren were closely bonded by their desire to bring about full-blown industrial development in Japan. Today, however, Keidanren's members are divided by varied interests which have considerably weakened the federation's political influence.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Nexus goes sour: industry resents ruling party's demands
Article Abstract:
Japan's Keidanren considers excessive the campaign fund contribution being asked from it by the Liberal Democratic Party (LDP). The LDP, however, justifies their fund request of 30 billion yen or $241.5 million by citing the party's need for a more expansive political campaign to keep its shaky hold on political power. Keidanren's reluctance to give the requested amount also stems from its realization that its contributions to the LDP usually do not translate into the party's support for reforms that are spearheaded by the federation.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1992
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Comment about this article or add new information about this topic:
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