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Cover -- Half-title page -- Title page -- Copyright page -- Dedication -- Contents -- Charts and Figures -- Acknowledgements -- Introduction -- Part I No Mere Incantation Rising from the Ashes of Defeat, 1945 to the Early 1950s -- 1 From Foe to Friend: The Allied Military Occupation of Germany and Japan -- Descent into Chaos -- Taking Control: Punishment in Peacetime -- Divide and Prosper -- Mass Production, Quality Production, and the Kamikaze Origins of the Bullet Train -- The Enemy of My Enemy -- 2 The Miracle Makers: (Re-)Constructing Cooperative Capitalism -- Constructing Capitalism with a Conscience in Western Germany, 1945-1966 -- Refashioning Japanese Cooperative Capitalism in the Aftermath of War -- Part II Making Miracles, 1950-1973 -- 3 Manufacturing Miracles I: Forging Alternative Fordisms -- Ramping Up Quality Production in Post-war West Germany -- Building Better in Post-war Japan -- 4 Manufacturing Miracles II: From Humble Craftsmen to World Beaters -- Diagnosing Dualism -- West Germany and the Cultivation of the Manufacturing Mittelstand -- Levelling Up Small- and Medium-Sized Enterprises in Japan -- 5 Consuming Miracles -- 'Three Sacred Treasures' -- Poverty and Progress -- Consumption: From Needs to Wants to Desires -- Producing for the Age of Mass Consumption -- 6 Exporting Wonders -- A Tale of Two Objects -- 1959, New York City, USA -- Spring 1966, Pittsburgh, Pennsylvania, USA -- Selling the World the Things That Make the Things -- or, the Wonders of Invisibility -- Technologies for Conspicuous Consumption: Japan and Its Export Markets from the 1950s to 1970 -- The Political Consequences of Making and Selling -- Part III Sustaining Miracles, 1973-1989 -- 7 The Wages of Construction -- 'The Smell of Prosperity' -- Shattering Revelations and Realisations -- Consuming's Miseries -- From Heresy to Dogma[sup(32)]. 8 The Hauntings of the Past -- Resisting the Past -- The Perils of Palocracy and the Coordinated Market Economies -- Dealing in Deutschland AG's Dark Shadows -- Operating in the Nether Worlds of Japan, Inc. -- A Verdict: Hauntings through Space and Time -- 9 Fragile Strength: Coping with Currency and Oil Crises -- Out of the Bretton Woods -- In and Out of the Bretton Woods: The German Path -- In and Out of the Bretton Woods: The Japanese Path -- Elements of Exposure: Navigating the Energy Crises -- Part IV Navigating Waves of Globalization, 1990 to the Present -- 10 Managing in Major Markets: Selling and Making in the United States and China -- Playing Ball in the World's Richest Market -- Investing in America, Japanese Style -- Investing in America, German Style -- Doing Business in the Middle Kingdom -- Investing in China, Japanese Style -- Investing in China, German Style -- 11 Coping with the Close of the Cold War -- Picking Up the Pieces after the Fall of the Wall -- After the Bubble, the Quagmire -- Plus ça Change… -- Do Something, Even if It Is Wrong… -- 12 The Shock of the New Century: Three Crises (and a Near Miss) -- Globalisation, Financialisation, and the Great Recession -- Energy Choices and Their Consequences -- Tackling Covid-19 -- Conclusion: Deutschland AG and Japan, Inc. - Lessons and Limits -- Notes -- Index.
Between 1945 and 1960, Germany and Japan rocketed from crushing defeat to become two of the five largest economies in the world - positions they have maintained since. What accounts for this remarkable transformation? In this uniquely comparative account, Ray Stokes examines the spectacular resurgence of Deutschland AG and Japan Incorporated.