Your favorite left-wing star in Economics in the 21st century

[Beet]

Criminally, several Japanese economists are absent.

Japan is one of the few countries that actually needs a dose of neoliberalism. Its economy is too dominated by a few big banks, companies and insiders that have been around institutionally for around a century, just as its sclerotic political system is dominated by one party of conservative old men. Both economically and politically the neoliberal era passed by Japan to its detriment.

[Beet]

Criminally, several Japanese economists are absent.

Japan is one of the few countries that actually needs a dose of neoliberalism. Its economy is too dominated by a few big banks, companies and insiders that have been around institutionally for around a century, just as its sclerotic political system is dominated by one party of conservative old men. Both economically and politically the neoliberal era passed by Japan to its detriment.

And they’ve tried such approach with aspects of Abenomics and failed spectacularly. Neoliberalism does not gets rid of any red tape or weakens the existing class relations (this applies to the Japanese Megacorps), it only makes it stronger.

Another cool economist is Michael Roberts for his dunking of the (Post)Keynesian perspective from a Marxist standpoint.

Abenomics was just Keynesianism, e.g. printing money and fiscal spending. A fine prescription for the West. Actually the third leg of Abenomics was supposed to be structural reform but it was never implemented, lol.