Abstract
What has been happening to “Economic Democracy” in Japan within the past twenty years since the end of World War II? Has die emphasis upon rapid economic growth countered the measures intended by the Allied Occupation to ensure economic democracy?
The democratic economy the Supreme Command of the Allied Powers envisioned for Japan in the years 1946-1948 was to be free of highly concentrated economic power, either in the hands of Zaibatsu or of giant corporations, was to have an Anti-Monopoly Act to promote “the democratic and wholesome development of the national economy as well as to assure the interest of the general consumer,” and was to have a “just and equal” tax law to “democratize the Japanese economy.” A thorough-going land reform and legal bona fide trade union movement also was declared to be a necessary part of economic democracy. It was, in the words of the Zaibatsu Mission, to build “a strong middle class which can influence the course of policy.”