mercedo's Journal: Deviation of Wealth

Sometimes I am amazed to see some of the very liberal people are against privatisation in general. However it is beside the point whether privatisation is good or not. In Japan all assets are thought to be the hands of public 137 years ago, the history of modernisation is the same as the struggle from the hands of the public to the privates' hands over the property of all the assets. Therefore privatisation in Japan in general good and connotes favourable ambience.

In the case of other capitalist's countries like USA, because the privatisation has already been in progress too deep to be reached by the hands of the people. The government interruption to some extent has to be considered.

Deviation of wealth matters, like the assets of Japan Post, those assets are not in the hands of natinals but a grasp of buraucrats, that's the matter. The time to shake up starts now.

Ah, that makes more sense

[Marxist Hacker 42]

I'd just point out the danger here. Once something is totally privatized, it's completely out of the hands of the people- a rich corporation or individual can simply buy up all the stock in all the companies invested in that area, and monopolize again- except for at that point you can no longer vote the bureaucrat out, because he owns the only company left in that area. It's called "cornering the market" and is well known enough to have been illegal in the United States from 1932 (when such practices were

Re:Ah, that makes more sense

[mercedo]

under the Shogun all property in Japan officially belonged to the Imperial Family

A kind of double power structure had been existng during 1192 to 1600 ( the imperial family and the warlord clan ). Since shogunate started at 1603 till 1868 for 265 years the shognate had dominated over land property.

We call Meiji restoration because the imperial family restored fully the right on all property in Japan they used to have.

Re:Ah, that makes more sense

[Marxist Hacker 42]

I always liked the Emperor Meij- more for his theology of inclusion than for his politics. Whenever somebody preaches to me that religions have to be exclusive, I tell them the story of a young New York Times reporter visiting Japan in the 1890s. He happened to notice while doing a story of the religions of Japan that if you added up the total average attendance of Shinto Temples, Buddhist Temples, and Catholic Churches in Japan (back then, these were the only three religions there) you got 1.5x the popu