Financial Times
Not long before representatives of the world’s richest nations convened in Toyako for the glitziest event in the history of this remote Japanese fishing community, a very different scene unfolded just a few hundred kilometres south. Angry day labourers in Nishinari, Osaka, threw stones and firebombs at riot police, overturned a car and set fire to garbage, venting their frustration at their inability to find work. The violence, which involved an estimated 200 people and went on for two days last month, was a long way from the serene facade that Japanese society normally presents to the world. But the riots were just one extreme manifestation of the social cracks that are appearing in a country that has often, if half-jokingly, been referred to as the world’s most successful socialist state.

Following more than a decade of economic stagnation, Japan is no longer the gentle place it used to be for the weaker members of its society. In a relatively short time, the world’s second largest economy has been transformed from a cohesive, egalitarian society to one saddled with the ills of the neo-liberalist model: a growing underclass, social alienation, widening income disparities and simmering discontent. The country’s once-vaunted social and labour contracts have failed to keep up with the changes wrought by globalisation, leaving a large number of people barely managing to survive. More

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Posted by markw, filed under Economy. Date: July 9, 2008, 3:13 pm |

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