The Trifurcating Miracle

This title examines the transformation of Japan's national economy. It employs the concept of the structure of accumulation composed of the organizations of labor, credit and markets. The postwar Japanese miracle trifurcated into prosperous corportions, squeezed workers and parasitic bureaucracy in the slow growth period, 1974-91. The "miracle" continues only for the major Japanese corporations that are East Asianizing and globalizing.