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Japan: Political Change after the Economic Crisis Introduces Universalist Benefit

Toru Yamamori

Chapter Chapter 12 in Basic Income Guarantee and Politics, 2012, pp 203-216 from Palgrave Macmillan

Abstract: Abstract Employment insecurity after the financial crisis of 2007 finally destroyed the “We are all middle class” myth. Another result of the crisis was the defeat of the Liberal Democratic Party (LDP). After over half a century as the majority party in the Diet, the LDP lost the 2009 election to the Democratic Party of Japan (DPJ). A prominent economist made the statement, “The logic of the income security and household subsidies indicated in the DPJ’s manifesto ultimately lead to the Basic Income discussed in Western Europe” (Ito 2009). In this vein, the DPJ’s Tax Policy Investigation Committee organized seminars on the topic of Basic Income (BI) in which I and two other experts gave presentations.

Keywords: Welfare State; Single Mother; Social Assistance; Liberal Democratic Party; Basic Income (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:pal:etbchp:978-1-137-04530-0_12

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DOI: 10.1057/9781137045300_12

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