Race for the Exits

by Schoppa, Leonard J.

• ISBN13: 9780801444333
• ISBN10: 0801444330
• Format: Hardcover
• Copyright: 2006-02-09
• Publisher: Cornell Univ Pr

Summary

"Contrary to all expectations, Japan's long-term recession has provoked no sustained political movement to replace the nation's malfunctioning economic structure. The country's basic social contract has so far proved resistant to reform, even in the face of persistently adverse conditions. In Race for the Exits, Leonard J. Schoppa explains why it has endured and how long it can last." "The postwar Japanese system of "convoy capitalism" traded lifetime employment for male workers against government support for industry and the private (female) provision of care for children and the elderly. Two social groups bore a particularly heavy burden in providing for the social protection of the weak and dependent: large firms, which committed to keeping their core workforce on the payroll even in slow times, and women, who stayed home to care for their homes and families." "Using the exit-voice framework made famous by Albert Hirschman, Schoppa argues that both groups have chosen "exit" rather than "voice," depriving the political process of the energy needed to propel necessary reforms in the system. Instead of fighting for reform, firms slowly shift jobs overseas, and many women abandon hopes of accommodating both family and career. Over time, however, these trends have placed growing economic and demographic pressures on the social contract. As industries reduce their domestic operations, the Japanese economy is further diminished. Japan has also experienced a "baby bust" as women opt out of motherhood. Schoppa suggests that a radical break with the Japanese social contract of the past is becoming inevitable as the system slowly and quietly unravels."--BOOK JACKET.

Author Biography

Leonard J. Schoppa is Associate Professor of Politics at the University of Virginia.

Table of Contents

List of Figures and Tables	ix
Preface	xi
Conventions and Abbreviations	xv
1. Exit, Voice, and Japan's Economic Problems	1	(16)
2. Taking Exit and Voice Seriously	17	(19)
3. Productive and Protective Elements of Convoy Capitalism	36	(31)
4. The Race for the Exits Begins	67	(31)
5. The Policy Impact of Hollowing Out	98	(14)
6. Case Studies in Economic Reform	112	(38)
7. The Policy Impact of Exit by Women	150	(33)
8. Exceptions That Prove the Rule	183	(16)
9. Toward a New System of Social Protection in Japan	199	(14)
Notes	213	(30)
Index	243