My presentation in Tokyo (October 30, 2026) promoting a degrowth agenda

A UK Guardian editorial last week (November 3, 2026) – The Guardian view on Labour’s growth obsession: a different economics is possible – challenges the dominant obsession with achieving ever faster levels of GDP growth that, in part, is linked to the fictions advanced about fiscal capacity – viz, nations must have growth to generate the tax revenue to pay for government services. On October 30, 2026, I gave a presentation in Tokyo challenging this obsession and advancing the idea that Japan is perfectly placed to lead the world into a degrowth phase of human development, one that will help reduce the ecological footprint and underpin an environmentally sustainable future. In this post, I provide a summary of the presentation.

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The intersection of neoliberalism and traditional Japanese values – Part 3

One of the unsurprising but disturbing results of my enquiry into neoliberalism in Japan is the way the so-called ‘progressive’ side of politics has embraced the main tenets of neoliberalism. For a Westerner, Japanese politics is somewhat confounding and to understand what is going on, one must abandon the typical Left=Progressive/Right=Conservative dichotomy. In Japan, the conservative Liberal Democratic Party looks like a conservative party in most ways except for its approach to economic policy. Similarly, the opposition parties are quite often the ones espousing ‘market-based’ economic policies, while also aspiring to be like any progressive party anywhere on social issues. The discussion today is about why the progressives act in this way and it goes to the heart of the tension between the traditional cultural norms and a desire to be free of them. This is Part 3 in the series on this topic.

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Seminar in Tokyo – Thursday, October 29, 2026

On Thursday, October 29, 2026, I will be giving a presentation in Tokyo. The title of the seminar is: “The Need for and Feasibility of a ‘High-Pressure Economy: Determining Appropriate Levels of Investment in Light of Construction Sector Capacity'”. Read on for the details of how you can join via the live stream.

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Kyoto Report 2026 – 5

This weekly report will provide some insights into life for a westerner (me) who is working for an extended period at Kyoto University in Japan but who over the years of working here has increasingly began to understand the language and local cultural traditions.

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The intersection of neoliberalism and traditional Japanese values – Part 2

Neoliberalism has scammed everyone. It told citizens that if we were liberated from government regulations and government control of enterprises that delivered essential services then we would attain the best possible outcomes that were available. A barrage of messaging from media companies blatantly serving the interests of capital and think tanks masquerading as independent research organisations but which are in reality just propaganda machines for their funding sources reinforced the narrative that freedom lay in reducing the government footprint on our lives. That was all a ruse. In his 2005 book – A Brief History of Neoliberalism – David Harvey referred to the use of “vague rhetorical devices” that worked on our intuition. Of course, cognitive linguists and related scientists repeatedly tell us that our intuition regularly leads us astray. The ‘freedom’ narrative hid the real agenda, which was to overturn the progressive advances achieved during the full employment period following WW2. Neoliberalism was about restoring the dominance of capital and creating mechanisms to retrench the advances that had reduced inequality and improved prosperity for workers. In Japan, the same forces were unleashed by the context was somewhat different to the West, particularly the English-speaking world. This is Part 2 of my brief enquiry into the neoliberal ideology has interacted with the traditional cultural features of modern Japan.

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The intersection of neoliberalism and traditional Japanese values – Part 1

In the West, particularly the English-speaking world, neoliberalism seemed to easily replace the collectivist values of the full employment era that followed the Second World War. It constructed a world where individualism was prioritised over society, even though it claimed that society (all of us) would be better off by pursuing our own greedy interests. All the collective apparatus of the full employment era – welfare state, democratic institutions, social solidarity – were attacked by the phalanx of think tanks, media companies that sprung up in the 1970s to propagate the ideology. These machines played on our natural suspicion of politicians to mount a major reconfiguration of the state under the pretence that through privatisation outsourcing, and the promotion of unfettered ‘markets’ we would all prosper. It was a fraud – a deliberate deception and the question is whether the ideological onslaught has become so entrenched in our value structures that it will be hard to move beyond. Today, I want to convey some of the research I am doing tracing the way the neoliberal ideology has interacted with the traditional cultural values of Japan. Japan is a curious mix or hybrid of Western and Eastern values and one might venture to say that the latter make it harder for neoliberal precepts to spread as deeply as they have in the West. That is what I am writing about today. This is Part 1 of a two-part series on this topic.

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Kyoto Report 2026 – 4

This weekly report will provide some insights into life for a westerner (me) who is working for an extended period at Kyoto University in Japan but who over the years of working here has increasingly began to understand the language and local cultural traditions.

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Kyoto Report 2026 – 3

This weekly report will provide some insights into life for a westerner (me) who is working for an extended period at Kyoto University in Japan but who over the years of working here has increasingly began to understand the language and local cultural traditions.

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Are the traditions of Japan consistent with an increasing GDP growth obsession – Part 1?

I know I am venturing into the world shared by sociologists, cultural anthropologists, cultural historians, and economists in the current research that I am pursuing. The question is whether traditional Japanese values are compatible with a mainstream ideology that pursues ever increasing GDP growth as a goal, if not a reality. The current Japanese government is pursuing what they previously referred to as a ‘high pressure’ growth strategy and aim to end the decades of low GDP growth deflation which has become embedded in the psyche of the corporate and household sector. This strategy is running into severe constraints, not the least coming from the demographic shifts that will see the population shrink to around 105 million by 20250 (from 123 million currently). In past posts I have suggested that Japan represents an ideal model to demonstrate how a degrowth strategy would work to maintain essential material prosperity yet reduce the nation’s ecological footprint. I am now looking into whether the degrowth notion has roots in the traditional cultural values of the nation. This is my first report (Part 1) on that theme.

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Japan – Tracing the decline in construction employment since 1980

In this blog post, I am continuing my work on examining the constraints in the Japanese infrastructure sector that would reduce the effectiveness of the fiscal expansion that the current government is proposing as a strategy to kickstart the economy and lift productivity. One approach is to decompose employment changes in the sector into the demand-side and supply-side components, which helps us assess whether there is a shortage of spending or a shortage of workers. The data shows two unambiguous patterns. First, construction employment is driven strongly by government spending on infrastructure. When that wanes, activity plummets. Second, in recent years, the overwhelming reason employment in the sector is declining is due to a contraction of labour supply. Taken together, while it is a relatively straightforward path to stimulate the industry – increase public investment spending, the supply constraints make that approach difficult to implement. This will bear on the effectiveness and outcomes of the current fiscal expansion proposed by the Takaichi government in Japan.

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