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Published online by Cambridge University Press: 07 May 2025
First, it is wrong to translate “globalism” as world-ization (sekaika) or internationalization (kokusaika). They say 300 trillion dollars are currently linked to the IT industry. Globalization means creating a sanctioned hunting preserve so that big money, made when profit produces profit, can circle the world. Under the Koizumi administration, this system has been thoroughly accommodated.
Now, Koizumi's “structural reform” is generating the next set of “structural reform problems.”