Japan, Inc.: An Introduction to Japanese Economics (The Comic Book)

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Summary: Japan, Inc by Shotaro Ishinomori
Review: Ever wonder how Toyota spells out a 100 year business plan while Intel keeps giving investors quarterly advisories? Shotaro Ishinomori gives an interesting perspective on Japan's economic problems and the ensuing volatility. In Japan, comic book artists often strive to achieve intellectual respectability. Hence comic books are very common among white-collar workers. Two characters- Tsugawa and Kudo are used to illustrate various economic realities such as global trade disputes, appreciation of the yen with respect to the dollar, 1973 oil crisis, deficit financing, and corporate speculative financing. Tsugawa represents a capitalist indifferent to the the little guy. Kudo clashes often with Tsugawa as he urges taking the long view and emphasizes the social utility of business. Politicians are exposed as individuals putting private gain above public interest. Ishinomori is greatly influenced by the moralists of the Meiji era. The theme of his book is that great corporations are built on long-term, ethical, and socially responsible business practices. Let's hope more western CEOs listen to Ishinomori.