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The Politics of Oligarchy

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  • Ramseyer,J. Mark
  • Rosenbluth,Frances McCall

Abstract

In the latter-half of the nineteenth century and the first half of the twentieth century, Japan underwent two major shifts in political control. In the 1910s, the power of the oligarchy was eclipsed by that of a larger group of professional politicians; in the 1930s, the focus of power shifted again, this time to a set of independent military leaders. In this book, Ramseyer and Rosenbluth examine a key question of modern Japanese politics: why the Meiji oligarchs were unable to design institutions capable of protecting their power. The authors question why the oligarchs chose the political institutions they did, and what the consequences of those choices were for Japan's political competition, economic development, and diplomatic relations. Indeed, they argue, it was the oligarchs' very inability to agree among themselves on how to rule that prompted them to cut the military loose from civilian control - a decision that was to have disastrous consequences not only for Japan but for the rest of the world.

Suggested Citation

  • Ramseyer,J. Mark & Rosenbluth,Frances McCall, 1995. "The Politics of Oligarchy," Cambridge Books, Cambridge University Press, number 9780521473972.
  • Handle: RePEc:cup:cbooks:9780521473972
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    Cited by:

    1. J. Mark Ramseyer & Eric B. Rasmusen, 2001. "When are Judges and Bureaucrats Left Independent? Theory and History from Imperial Japan, Postwar Japan, and the United States," CIRJE F-Series CIRJE-F-126, CIRJE, Faculty of Economics, University of Tokyo.
    2. Miwa, Yoshiro & Ramseyer, J Mark, 2002. "Banks and Economic Growth: Implications from Japanese History," Journal of Law and Economics, University of Chicago Press, vol. 45(1), pages 127-164, April.
    3. Yoshiro Miwa & J. Mark Ramseyer, 2004. "Industrial Finance Before the Financial Revolution: Japan at the Turn of the Last Century (Subsequently published in "Explanations in Economic History", 2005, vol. 43, 94-118. )," CARF F-Series CARF-F-018, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo.
    4. Okazaki, Tetsuji & Sawada, Michiru, 2017. "Measuring the extent and implications of corporate political connections in prewar Japan," Explorations in Economic History, Elsevier, vol. 65(C), pages 17-35.
    5. Acemoglu, Daron, 2008. "Oligarchikus és demokratikus társadalmak [Oligarchic versus democratic societies]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 622-659.
    6. Anton Miglo, 2011. "The Development of Property Rights for Intellectual Property," Journal of Economics and Behavioral Studies, AMH International, vol. 3(4), pages 224-234.
    7. Daron Acemoglu, 2008. "Oligarchic Versus Democratic Societies," Journal of the European Economic Association, MIT Press, vol. 6(1), pages 1-44, March.
    8. Cyril Benoît, 2021. "Politicians, regulators, and regulatory governance: The neglected sides of the story," Regulation & Governance, John Wiley & Sons, vol. 15(S1), pages 8-22, November.
    9. Chiaki Moriguchi, 2000. "The Evolution of Employment Relations in U.S. and Japanese Manufacturing Firms, 1900-1960: A Comparative Historical and Institutional Analysis," NBER Working Papers 7939, National Bureau of Economic Research, Inc.
    10. Myerson, Roger, 2014. "Constitutional Structures for a Strong Democracy: Considerations on the Government of Pakistan," World Development, Elsevier, vol. 53(C), pages 46-54.
    11. Yoshiro Miwa & J. Mark Ramseyer, 2004. "Industrial Finance Before the Financial Revolution: Japan at the Turn of the Last Century," CIRJE F-Series CIRJE-F-311, CIRJE, Faculty of Economics, University of Tokyo.
    12. Jim Rose & Simon Hay, 2001. "Three Steps Towards More Effective Development Assistance," Treasury Working Paper Series 01/26, New Zealand Treasury.
    13. Miwa, Yoshiro & Ramseyer, J. Mark, 2006. "Japanese industrial finance at the close of the 19th century: Trade credit and financial intermediation," Explorations in Economic History, Elsevier, vol. 43(1), pages 94-118, January.
    14. Grossman, Richard S. & Imai, Masami, 2008. "The evolution of a national banking market in pre-war Japan," Explorations in Economic History, Elsevier, vol. 45(1), pages 17-29, January.
    15. Carney, Richard, 2004. "Economic Backwardness in Security Perspective," MPRA Paper 3279, University Library of Munich, Germany.

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