Tuesday, February 18, 2014

Roskin Ch. 5

In the beginning of the text when it was referring to the Meiji Restoration of Japan in 1868, I can't help but to think about the economy it has now. Upon looking at the attached link, I feel that Japan is following a similar pattern as their ancestors did during this time period. They seem to only desire to ensure the growth of their country, not gaining more power. This is seen when they try to do trades with countries such as China and Europe to increase the revenue they can get compared to just trying to survive as a stand-alone country. Another thing that I am reminded of between the readings and this current event is the sociological term "economic determinism". The term refers to the idea that social changes, conditions, activities, and institutions are factors towards the economy, with this being said Japan is being influenced by its culture. The people of Japan are very competitive and strive to be the best, with this being said the reason for them to want Japan to simply prosper instead of gaining power over other countries has helped it to achieve its dream and to make it a country that has others depend on it.

http://www.japantoday.com/category/business/view/foreign-direct-investment-in-china-rises-16

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