This is, after all, a country that has suffered from debilitating deflation since the late 1990s and where wages have lagged behind productivity growth for years. The docility of the Japanese certainly appears counter-intuitive. How come this country, whose economy has been in the doldrums for two decades and where the suicide rate is vastly higher than the global average, is not in the grip of anti-establishment populism? Yet a few rage-free zones remain, of which Japan is the most conspicuous. Anger towards political elites is pervasive. In Japan Resists the Populist Tide, Plender says Japan’s immunity to a virus consuming other developed countries is remarkable.Īfter December’s No vote in the Italian referendum, the rise of Donald Trump and the British vote to leave the EU, it appears that the political landscape of the developed world is being redesigned by the victims of globalisation and technological change.
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