Japan Economy Shifts by Gideon Fairchild

"Japan Economy Shifts" examines how the Great Depression acted as a crucial turning point, fueling militarism and expansion in pre-World War II Japan. It argues that economic devastation shattered the nation's fragile stability, allowing militaristic factions to seize power. The book explores the intricate relationship between economic policies, social unrest, and military ambitions. For example, declining exports and rising unemployment led to widespread social unrest, creating an environment ripe for political extremism. The book analyzes the rise of militaristic ideologies and the economic policies implemented to support military build-up, such as increased government spending on arms. By detailing how the depression specifically impacted Japan, the book builds the case for the depression as a key inflection point, leading to military aggression in the 1930s. This approach offers a unique perspective by emphasizing the economic drivers behind Japan's militarization, unlike accounts that focus solely on political or ideological factors. Beginning with the impact of the Great Depression, the book progresses through the ascendancy of militaristic ideologies to the implementation of economic policies supporting military build-up, culminating in the depression as a vital point leading to military aggression. The book draws on diverse sources, including government documents and previously untranslated Japanese primary sources, offering fresh insights into the decision-making processes of the time.