@leaolmos.eth
For the first semester this year I wrote an essay on how Japan’s Liberal Democratic Party incorporated Web3 into its “new capitalism” 新しい資本主義 agenda in 2022 as a reformulation of the postwar narrative of “rapid economic growth” 高度成長
Kishida’s “new capitalism” centered on growth and distribution 成長と分配, moving beyond Abenomics’ monetary easing
In 2022, the LDP launched its NFT white paper, warning that Japan risked “missing the train” of the Web3 economy. At the same time, it argued that Japan’s cultural industries could become a strategic advantage, framing NFTs and blockchain as ways for creators, communities, and IP holders to capture value more directly