The US

  • Is a So-Called “National Strategy” Necessary for Humanity?

    Yesterday, while listening to a discussion at a seminar, a thought occurred to me. People often complain that “Japan has no national strategy.” But the nation-state itself is something of a mirage. . Once a society begins producing a surplus—in other words, once it accumulates wealth—people emerge who take it upon themselves to use that wealth. They have no practical…

  • A Proposal for an Alternative Version of The Odyssey

    Yesterday, I went to see Christopher Nolan’s much-anticipated film The Odyssey. It was superb. . That said, one line spoken by Odysseus’s wife, Penelope, caught my attention: “I hear that bands of marauders known as the ‘Sea Peoples’ have been attacking city-states everywhere. They would finish the civilization.” . In ancient times, the “Sea Peoples” attacked cities along the Mediterranean…

  • Secure the Strait of Hormuz by Charging Tolls

    Navigation is becoming dangerous not only through the Strait of Hormuz, but also through the Bab el-Mandeb Strait at the entrance to the Red Sea. This is intolerable for both oil-producing nations and trading nations. Nor does the United States military appear to retain the ability to secure these waterways by force. . If military force cannot solve the problem,…

  • The Postwar World and the Shifting Currents Beneath It

    (This is a slightly revised version of my article to be published in Newsweek Japan on September 8.) . The Post-Cold War Era and the Expansion of American Power . The international situation today can broadly be described as the “post-Cold War” era. The Cold War between the United States and the Soviet Union, which divided the world for decades…

  • A Yellow Warning Light Is Flashing for U.S. Finance

    A yellow warning light is now flashing over America’s financial markets. Excessive Treasury issuance has been driving up long-term interest rates. This could lead to a sharp decline in Treasury prices, a fiscal crisis, and a loss of confidence in the dollar. It could also trigger a stock-market crash, severely reducing the wealth of America’s middle class. . Treasury Secretary…

  • A World History Free from Both Eurocentrism and Orientalism 1 Introduction

    I’m starting a new series here. The title is “A World History Free from Both Eurocentrism and Orientalism” The source text is “In Search of Lost Modernity” by Akio KAWATO. The English edition of this book (originally written in Japanese) is on https://docs.google.com/document/d/1hiRK7kjbX0Hxd2NOxPqtQlVWgjDHgKCr/edit https://docs.google.com/document/d/1MB0Me9P5Lpa2HGceuJUdMqqQ2CRHQSxa/edit (The copyright belongs to the author, Akio Kawato). . Today is the first installment. Let’s start…

  • The U.S. Marine Corps Is Changing — and So Is Its Role in Japan

    Watching the current war with Iran, one striking feature is that U.S. Navy warships, particularly aircraft carriers, are staying away from the Strait of Hormuz—or perhaps are simply unable to get close to it. Presumably, the danger posed by mines, as well as Iranian missiles and drones, is simply too great. . If we transpose this situation to the Far…

  • Could U.S. Treasuries Take a Tumble in September?

    Simon and Garfunkel used to sing: August, die she must, The autumn winds blow chilly and cold, September, I’ll remember, A love once new has now grown old. Are the U.S. treasuries following a similar fate? . The amount of outstanding U.S. government debt has now grown to slightly more than one year’s GDP. When Treasury securities mature, the government…

  • The End of Oak Street: A Horror Story About America Today

    The day before yesterday, I went to see a new US movie The End of Oak Street. It is a horror movie in which an ordinary, middle-class suburban neighborhood is suddenly transported hundreds of millions of years into the past, leaving its residents to be chased by dinosaurs. The film was directed by David Robert Mitchell, born in 1974. .…

  • Rethinking Japan’s Place in a Rising Asia

    (This article appeared in Newsweek Japan on August 18.) On August 8, news broke that both South Korea and Taiwan had surpassed Japan in exports during the first half of this year. Since the mid-1990s, I had already grown weary of hearing the world sneer that “Japan is finished—even in Asia.” This latest news felt almost like the final blow.…