Japan's economy is highly productive in manufacturing, particularly in robotics and automation, due to its early adaptation to population decline. However, the service sector has experienced stagnation, leading to a misleading perception of overall economic health.
Japan has a debt-to-GDP ratio exceeding 200%, but it also has significant savings, which have historically earned zero interest. The challenge lies in efficiently allocating this capital for economic growth.
Japan is a crucial ally in the U.S.'s Indo-Pacific strategy, acting as a counterweight to China. The U.S. is redesigning its strategy from a hub-and-spoke model to a latticework, with Japan playing a central role in trilateral partnerships.
China's aggressive actions, such as maritime disputes and economic coercion, have inadvertently strengthened U.S. alliances in the region. Countries like Japan, South Korea, and the Philippines are now more aligned with the U.S. as a counterbalance to China.
The South China Sea is a critical flashpoint, with China's claims and actions threatening the sovereignty of countries like the Philippines and Vietnam. The U.S. has a treaty obligation to defend the Philippines, making this region a key area of strategic focus.
The U.S.-Japan friendship began with the U.S. allowing the Japanese emperor to remain in power after World War II, which was a pivotal moment for Japan. The relationship has since evolved into a strong alliance, anchored by shared strategic interests in the Indo-Pacific.
The Democratic Party has shifted from advocating for a more permissive immigration policy to recognizing the importance of respecting immigration laws. This change reflects a broader understanding of the need for a balanced approach that respects both immigrant rights and the rule of law.
The Democratic Party must re-emphasize its commitment to cultural and societal values, such as respect for law and order, while maintaining its economic policies. This balance is crucial for appealing to a broad base of voters, including working-class Americans.
While it may be tempting for Vice President Harris to address past positions, doing so could open her to criticism and distract from her current campaign focus. Instead, she should project strength, confidence, and optimism, which are key to winning the presidency.
The U.S. political climate, particularly the emphasis on alliances, directly impacts its ability to maintain strong relationships in the Indo-Pacific. A candidate who prioritizes alliances will be better positioned to counter China's influence in the region.
Sam Harris speaks with Ambassador Rahm Emanuel about the state of world order and American politics. They discuss the mystery of Japan’s economic health, U.S. competition with China, possible conflict over Taiwan and the Philippines, the significance of the South China Sea, the history of the Japan-U.S. friendship, how the Democratic Party lost its way, immigration, whether Vice President Harris needs a “Sister Souljah moment,” whether she should explain her changes of position better than she has, the standing of Israel in the eyes of the world, antisemitism, the Abraham Accords, Hamas, the West Bank, the influence of the religious right in Israel, a possible war with Iran, Netanyahu and Israeli security, a two-state solution, whether a Harris administration would reliably support Israel, and other topics. If the Making Sense podcast logo in your player is BLACK, you can SUBSCRIBE to gain access to all full-length episodes at samharris.org/subscribe).
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