Japan remains, in substance, the world’s second-largest economic superpower, yet nearly 70 percent of daily trading on the Tokyo Stock Exchange—the core of its economy—is controlled by foreign capital. Instead of channeling enormous private assets into domestic market expansion and national security, Japan’s establishment has tolerated this situation while even opposing the basic principle that a nation must defend itself. The author condemns this as a historic failure of responsibility for a nation meant to lead the world in intelligence, freedom, and democracy.

Japan is a nation in which the turntable of civilization is meant to keep spinning, a country that, alongside the United States, must lead the world with intelligence, freedom, and the finest form of democracy.
In substance, Japan is still the world’s second-largest economic superpower.
Yet Japan’s establishment has continued to tolerate the fact that as much as 70 percent of daily trading on the Tokyo Stock Exchange—the very backbone of the nation’s economy—is controlled by foreign capital.
In other words, these members of the establishment failed to direct one of the largest accumulations of private assets in the world toward expanding domestic demand—that is, toward making the Tokyo Stock Exchange a great market on par with the NYSE.
Even as the brutality of totalitarians and one-party communist dictators—evil beyond judgment in this world—encroaches upon Japan’s territory and territorial waters, seeking every opportunity to advance, these same establishment figures made a great outcry, labeling it “war legislation,” when the elementary principle that a nation must defend itself—something even a kindergartener should understand—was finally put into law.
They are, without exception, historical fools.