LEADER 04138nam 2200721Ia 450 001 9910779538903321 005 20200520144314.0 010 $a0-8014-6790-X 010 $a0-8014-6791-8 024 7 $a10.7591/9780801467912 035 $a(CKB)2550000001039481 035 $a(OCoLC)835981058 035 $a(CaPaEBR)ebrary10679151 035 $a(SSID)ssj0000880461 035 $a(PQKBManifestationID)11561004 035 $a(PQKBTitleCode)TC0000880461 035 $a(PQKBWorkID)10873468 035 $a(PQKB)10979045 035 $a(StDuBDS)EDZ0001504877 035 $a(MiAaPQ)EBC3138457 035 $a(MdBmJHUP)muse28859 035 $a(DE-B1597)478729 035 $a(OCoLC)979970005 035 $a(DE-B1597)9780801467912 035 $a(Au-PeEL)EBL3138457 035 $a(CaPaEBR)ebr10679151 035 $a(CaONFJC)MIL681805 035 $a(EXLCZ)992550000001039481 100 $a20120712d2013 uy 0 101 0 $aeng 135 $aur||||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCapital as will and imagination$b[electronic resource] $eSchumpeter's guide to the postwar Japanese miracle /$fMark Metzler 210 $aIthaca, NY $cCornell University Press$dc2013 215 $a1 online resource (317 p.) 225 1 $aCornell studies in money 300 $aBibliographic Level Mode of Issuance: Monograph 311 $a1-322-50523-3 311 $a0-8014-5179-5 320 $aIncludes bibliographical references and index. 327 $tFrontmatter -- $tContents -- $tList of Tables -- $tAcknowledgments -- $tAbbreviations -- $tNote on Terms and Conventions -- $tIntroduction: Inflation and Its Productions -- $t1. The Revolution in Prices -- $t2. Dramatis Personae -- $t3. What Is Capital? -- $t4. Flows and Stores -- $t5. Japanese Capitalism under Occupation -- $t6. Inflation as Capital -- $t7. Interlude (Deflation) -- $t8. The State-Bank Complex -- $t9. The Turning Point -- $t10. High- Speed Growth: The Schumpeterian Boom -- $t11. High- Speed Growth: Indication and Flow -- $t12. Conclusions: Credere and Debere -- $tAppendix -- $tNotes -- $tReferences -- $tIndex 330 $aWith this book, Mark Metzler continues his investigation into the economic history of twentieth-century Japan that he began in Lever of Empire. In Capital as Will and Imagination, he focuses on the successful stabilization of Japanese capitalism after the Second World War. How did a defeated and heavily damaged nation manage reconstruction so rapidly? What economic beliefs resulted in the "miracle" years of high-speed economic growth? Metzler argues that the inflationary creation of credit was key to Japan's postwar success-and its eventual demise due to its instability over the long term.To prove his case, Metzler explores heterodox ideas about economic life , in particular Joseph Schumpeter's realization that inflation is intrinsic to capitalist development. Schumpeter's ideas, widely ignored within standard American neoclassical economic theory, were shaped by his experience of Austria's reconstruction after 1918. They were highly influential in Japan, and Metzler traces their impact in the period from the Allied Occupation, starting in 1945, through the Income Doubling Plan of 1960. Japan after defeat, Metzler argues, illustrates the critical importance of inflationary credit creation for increased production. 410 0$aCornell studies in money. 606 $aCapital$zJapan$xHistory$y20th century 606 $aCapitalism$zJapan$xHistory$y20th century 606 $aCredit$zJapan$xHistory$y20th century 606 $aSaving and investment$zJapan$xHistory$y20th century 607 $aJapan$xEconomic conditions$y1945-1989 615 0$aCapital$xHistory 615 0$aCapitalism$xHistory 615 0$aCredit$xHistory 615 0$aSaving and investment$xHistory 676 $a330.952/04 700 $aMetzler$b Mark$f1957-$01493868 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910779538903321 996 $aCapital as will and imagination$93717103 997 $aUNINA