Government Bureaucrats and Capitalist Institutions in 1870s Japan

John H. Sagers
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John H. Sagers: Linfield College

Chapter 3 in Confucian Capitalism, 2018, pp 51-83 from Palgrave Macmillan

Abstract: Abstract This chapter focuses on Shibusawa Eiichi’s work as an official in the Meiji government from 1869 to 1873 where he played a critical role in laying the groundwork for tax, currency, and industrial promotion policies as well as other institutions for economic development. As a government official, Shibusawa’s ideas of Confucian capitalism evolved as he explored institutions of Western market capitalism as the means to the Confucian ends of a stronger state and more prosperous people. Shibusawa’s own narrative of his departure from government to head the new Dai-Ichi Bank characterized this move as a sharp break with official life motivated by a strong desire to work in the private sector to elevate the status of commerce and industry in Japanese society.

Keywords: Shibusawa Eiichi; Meiji Government; banksBanks; taxTax; Encouraging Industry (search for similar items in EconPapers)
Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palscp:978-3-319-76372-9_3

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DOI: 10.1007/978-3-319-76372-9_3

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