[OPE-L:1275] Re: Re: monetary inflows versus capital accumulation

From: Rakesh Bhandari (bhandari@phoenix.Princeton.EDU)
Date: Fri Sep 17 1999 - 12:18:07 EDT


It is not Japan's territorial security that's in question; I do not know
why you continue to burden me with absurd scenarios of a US or Russian
attack on Japan after Strange laid out more plausible ones. I have said
over and over that I am referring to regional security. The threats
include both external aggression (China, North Korea) and internal
subversion and secession (e.g., Indonesia). Japan is in no position to
secure the region by itself. Do you think this dependence on the US makes
no difference?
> However, you have still not answered the question I addressed. Do you not
> believe that the US had *its own* reasons for initiating the Gulf War
> independently of what Japan did or did not want (or would be willing to
> pay for)?

Of course. But the US can make Japan pay even while it secures favorable
pro US regimes for itself

> The US would have a military presence in Korea regardless of whether it
> was in Japan's interest or not.

But the US can use its influence (defacto control over the military) to
enforce economic discrimination against Japan if Japan does not act in US
interests. For a price, the US can support more open and stable regimes;
otherwise it will provide second class security.

> > For example, its electronics business is top
> > heavy with standard memory chip production and computer games while the US
> > dominates the most advanced and application specific microprocessor
> > business.
> I question that assessment.

See the writings of David Mowery and Nathan Rosenberg, as well as
Frederick Scherer. Mowery has also edited a book on software.

Yours, Rakesh

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