ABSTRACT

Japanese society has, since 1990, been suffering through the ‘lost decade’ of the post-bubble era. It seems clear that a solution to these problems has not been found yet, as we are now at the beginning of the twenty-first century, rushing through another ‘lost decade.’ Critical conditions persist throughout society, with the government and economy at the forefront of the problems. In my view, the contemporary crisis should be seen as one of three great turning points in Japanese history along with the Meiji Restoration and the post-World War II period. Even in the depths of dark despair, a small light of hope can be seen.