The Turntable of Civilization was revised in 2022.
The Turntable of Civilization, published on 2010/7/17, will be reorganized and sent out anew on 2022/2/21.
I have edited only a few parts, and most of the text is original.
To begin.
The figures in this paper are as of July 2010, but since the reality is that GDP figures, etc., are almost the same as they are now, they are included.
However, I use the present time as the tense to look back.
According to Wikipedia, the hegemonic stability theory is a theory published by economist Charles Kindleberger and established by Robert Gilpin, which states that for the world to be stable and economically developed with the hegemony of one country;
First: A country must have overwhelming political and economic power or hegemony. 
Second: The hegemonic power must understand the free market and build an international system to realize it.
Third: Enjoying benefits in the international system by hegemons
The fact that the U.S. is now a true hegemonic power is very actual in light of these conditions.
Thirty-seven years ago, I wondered why there were hegemonic states in the world.
When I was in Rome for eight days on business, I noticed that “Half the world is still poor, they can’t even eat. That’s why we need a country that can prosper fiercely.”
And so, somehow, money is flowing to Africa, for example. 
I realized that from A.D., it was Italy-Portugal-Spain-France-England-United States-United States&Japan.
That is the turntable of civilization.
Thirty-seven years ago, the U.S. became a hegemonic nation and sneezed after only 50 years.
The role of hegemony as a hegemonic power to grow a developing country inevitably leads to a high consumption economy that has gone too far, and the budget deficit has expanded. As a result, the world is in danger if this trend continues.
We need a highly free democracy to prosper alongside the U.S.
Japan is the only choice.
Because Japan has created the first civilization in the history of humankind with no class, no ideology, and no religion, assuming that the U.S. is a Christian nation.
In the 50 years since hegemony transferred from Britain to the U.S., the world’s population had doubled to 6.5 billion.
One country, the United States, cannot save the world. Even now, the U.S. is screaming for help.
Europe, Japan, China, please increase domestic demand. *In 2022, it would be outrageous to include China. it turned
And yet, in 2009, Japanese stock market participants commented that we must leave the U.S. and rely on China from now on.
It is a tragedy that Japan has failed to realize that it turned the turntable of civilization 37 years ago. 
The mass media is responsible for “Japan’s lost 20 years” by wielding a foolish sense of justice without realizing the truth.
A hegemonic nation is supposed to last for 200 years.
It is absurd to say that Japan’s era is over.
Japan must continue to prosper for another 170 years as a super-economic power that stands tall with or complements the United States.
Japan, which has renounced all armed forces except for the right of self-defense in its Constitution, should leave the armed forces to the United States and continue to prosper economically.
* I wrote this; ironically, Japan left the armament to the United States.
As the reader knows, I am proposing the opposite.
In other words, Japan must promptly amend Article 9 of the Constitution to strengthen its armaments and deal with China and Russia.
Of course, since the Japan-US alliance is the lifeline of Japan, we must make it even more robust and deter the dictatorship based on abysmal evil and plausible lies.*
Why has Japan stagnated for the past 20 years?
To put it bluntly, the media and politics, which have a mental age of 12, have failed.
Exposed to innovation and competition daily, Japanese companies are among the best in the world at honing world-class technologies in their respective fields and even occupying a large share of the market.
The traits of hard work and not neglecting details, combined with a high level of education, make Japan an industrialized nation with the world’s most significant personal wealth of 1,500 trillion yen.
Japan’s cell phones are truly magnificent, but they are so great that Japan is self-deprecating as the Galapagos of technology.
China, as a country, is the Galapagos of the world. Still, it took advantage of its large population of 1.3 billion people to continue weakening the Yuan as a nation.
As of 2022, China has stolen all kinds of technology from the West.
What Japan should do is make use of its money, which is still the world’s largest personal asset of 1,500 trillion yen, and return the funds generated by the society (the result of hard-working and talented workers who supported Japan as an industrial nation) to the society.
The real reason for Japan’s stagnation over the past 20 years is that Japan, as a capitalist country, has continued to despise the stock market, which is the foundation of capitalism.
That’s why we were suckers.
Not a single one of my classmates has worked at a securities firm.
We call brokerage firms stockbrokers, and we don’t want stocks. The best people from Harvard and other universities in the U.S. went to G.S. Securities and other firms and became successive Secretaries of the Treasury. 
The yen has become a risk-averse currency, and why it appreciates it every time is because Japan is a rare country in the world where Japanese individuals finance more than 95% of its government bonds.
If 1% of personal assets (10 trillion yen) are direct to the stock market, Japan will quickly become a vast market towering over the U.S., i.e., a global financial powerhouse.
It should reduce the tax rate to zero (receipts to prove that the money went toward consumption).
The TSE often moves over 100 billion yen for a single stock every day.
While U.S. asset owners invest two-thirds of their assets in stocks = money is returned to society, and the economy becomes an even bigger thing, most Japanese individual asset owners do not.
The fact that 70% of the stock market, the foundation of a capitalist country, is foreign-owned is tantamount to a country’s takeover.
If 10 trillion yen, only 1% of the 1,500 trillion yen in personal assets, were to be moved, the share of foreign capital would immediately be in the 10% range.
It is just enough to stabilize and secure the economy and say that we are global.
I feel that behind the word “global” lurks greed.
Currently, foreign capital holds about 88 trillion yen in Japanese stocks (about 45% of the total).
Ten percent of our assets, or 100 trillion yen, will be directed to acquire shares in Japan’s best big companies and companies that hold a percentage of the world market in various fields.
Domestic capital’s total amount of shares will be 296 trillion yen.
If dividends were tax-free (which they already are in Singapore), deflation would end instantly.
But only with receipts to prove that they consumed it.
Since the average dividend of listed companies should be around 2% per year, a massive amount of money (5.92 trillion yen) will go to consumption (expansion of domestic demand, growth of GDP).
The average dividend is probably about 3% now*. 
If it reduced dividends and taxes on stock transactions to zero (with receipts), the amount of money going to consumption would be even more enormous.
Suppose 1% of personal assets went to market trading every day, and 10% went to acquiring stocks of excellent companies in Japan, an industrial country. In that case, it is a no-brainer that the world would start watching the TSE and OSE and the NYSE and NASDAQ. 
If a massive amount of money goes into consumption, it will lead to a vast increase in domestic demand.
The world’s excellent products and luxury goods that fascinate the Japanese aesthetic sense will also be consumed staggeringly.
Japan should decide its own path.
In the true sense of the word, as an island nation with the world’s largest financial market and the world’s most advanced technology in various fields, Japan should be the Galapagos of the world.
For the next 170 years, we should enjoy being a world champion on par with the United States.
That is the role of a country that has turned the turntable of civilization.
Inevitably, it will also be the savior of the world.
Unfortunately, the consumption tax hike advocated by Yoshiyasu Ono will not bring Japan back to normal.
Of course, it would be much better to play “Sorrowful Japan” instead of Santana’s “Sorrowful Europe” after fulfilling its time (200 years is the lesson of history) as the order of glory and glory than to face its downfall in a miserable and foolish state.
It is 170 years too early to give up and lament.
We don’t need to worry about what other countries are doing.
The recent financial turmoil has proven that capitalism is never 100% right.
It is also true that our lives and the value of large corporations do not change daily.
It is also a given that democracy is the opposite of capitalism.
As another country in the world that is different from the U.S., the stocks of the best companies don’t go down; they keep going up.
They only go down when the company’s performance deteriorates when it pays no dividends (and the manager is immediately fired).
Even in such cases, if it is due to force majeure caused by the financial turmoil originating in the West, we Japanese will demonstrate one of our unique characteristics without regret and endure together without selling our stocks.
No one will complain if we create such capitalism in the world.
Many children will be born amid the abundance as a champion.
That is why it will last for 200 years.
Until the population is at least as large as the U.S. (twice as large as it is now), until we respect the U.S., we don’t need to pay attention to it. Until we become at least as big a consumer nation as the U.S…….
There are plenty of places to live all over Japan.
We can say goodbye to “depopulation” and “rural exhaustion.”
Give birth and raise your children.
This country is full of beautiful oceans, green forests, and mountains.
Thanks to the monsoon climate, our country is one of the most beautiful countries globally, with four distinct seasons. 
There is no need to concentrate only on cities like Tokyo and Osaka.
A country where people can eat delicious and safe crops and freshly caught seafood, swim in the ocean, run around in the fields, look up at the tops of mountains, chase after their primitive lovers, and talk about love will emerge.
Yes, The Peach Blossom Spring, 170 more years in this island nation.
That is our proper role.
I can see the envy of the world gathering in my hands.
That is the next 170 years in Japan.
That’s why we had incendiary bombs, Hiroshima and Nagasaki.
Four million people (the majority of whom are young and beautiful like you) did not die in vain.
They died for us, for our present, to make this country the richest and most beautiful in the world, a country where we can enjoy the highest level of freedom and intelligence.
They died to make this beautiful country a land of champions of freedom and intellect.
We can only repay them by becoming the most prosperous nation globally and letting the world know why Japan is so profitable.
It is lastly.
Japan will become the world’s leading financial power, the world’s leading stock market capitalization power, and the world’s leading technological power, towering over the United States.
It will continue to prosper until the turn of the civilization tables from Japan to another country in the following order.
It won’t happen to current China.
The turntable of civilization will not turn by the economy alone.
The turntable of civilization can only turn into a country that has created true freedom and supreme intelligence, not just economic prosperity.
As long as China remains a communist dictatorship, the turntable of civilization will not turn.
As long as India cannot overcome the caste system, it will not turn.
I predict that it will turn to Brazil, where the only problem is the gap between rich and poor and poverty.