Establishing Government-owned War Factory
Sanae Takaichi government is further accelerating the policy for economic growth through military businesses. It considers launching a new organization that encourages production of military equipment and promotes exporting weapons. Under the name of “strong and prosperous Japan,” the government looks like marching on a road toward merchant of death, as it once strode in pre-war era. The government releases Basic Policy on Economic and Fiscal Management, which is nicknamed as “Large-boned (Honebuto) Plan,” to navigate economic and fiscal policies with consultation to economic experts every July. It will be the first Honebuto Plan for Prime Minister Takaichi, who took the seat last October. Considering, to publicize a plan later this month. Considering Takaichi’s basic standpoint for economic growth through investment in crisis management, the experts are discussing introduction of public production of military equipment. One of the options for reinforcing productivity of m...