Even after Brexit and Trump, Japan is remarkably stable. Why? (Yoshito Hori, President, Globis, via Linked In) - TAP Japan - Cross-border financial services in Japan
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Even after Brexit and Trump, Japan is remarkably stable. Why? (Yoshito Hori, President, Globis, via Linked In)

Even after Brexit and Trump, Japan is remarkably stable.

Cracks are appearing in societies around the world. First we had Brexit, then Donald Trump. Italy—with a constitutional referendum looming—and France—with an election next April—could be the next dominoes to fall. We need to think the unthinkable now.

In the UK and the US, the “insurgent” voters  came mainly from the same five groups: rural dwellers; the over-40s; males; those with less education; and white/non-immigrant populations.

And in both cases the insurgents wanted the same thing: to topple an out-of-touch establishment and force change at any cost.

So what sort of change did they vote for?

I’ve boiled it down to 5 key points.

  • Less globalization
  • Less immigration
  • More equality
  • More jobs in rural areas
  • Better public services and infrastructure

As other developed societies are busy tearing themselves apart, Japan appears remarkably cohesive and content by contrast.

How come?

I think it’s because Japan’s elite have been delivering on that 5-point menu for a long time.

https://www.linkedin.com/pulse/even-after-brexit-trump-japan-remarkably-stable-why-yoshito-hori?trk=hp-feed-article-title-comment&trk=hp-feed-article-title-share