A broad, intelligent overview of the Japanese political economy, The Postwar Japanese System is one of the best books available to tell us what we can learn from Japan, and what price the Japanese are paying for their success. While other countries are looking to Japan as an economic model, William Tabb shows how the political and social arrangements that have allowed Japan to succeed are placing a great strain on their society. He distinguishes between those aspects of Japanese success that can, and cannot be transferred successfully to help in the revitalization of the American economy. And he thoughtfully explores the fundamental social, political, and economic transitions the Japanese are experiencing today. A key resource for all those interested in Japanese society, The Postwar Japanese System succeeds in placing the economic "miracle" in its social and political framework.