A Cultural Explanation for Japan’s Economic Performance, from the view Point of The General Power Theory

There is an ongoing debate over the role of culture in economic institutions, especially those institutions associated with .free market, and capitalism. The new theory of General Power is very promising in dealing with all contradictions, and lack of a general view on the role of culture and religion in economic development. Nevertheless there is a particular aspect that is contradicting the general assumptions of this theory in the case of japan. From the cultural determinates of the preference for wealth and power, Japan should have been an underdeveloped country. This paper tries to eliminate this apparent contradiction