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Can Shrinking be good for Japan? A marxist best seller makes the case

Kohei Saito says the country should seize this moment of demographic and economic challenge to reinvent itself through “degrowth communism.” Da New York Times.

When Kohei Saito decided to write about “degrowth communism,” his editor was understandably skeptical. Communism is unpopular in Japan. Economic growth is gospel.

So a book arguing that Japan should view its current condition of population decline and economic stagnation not as a crisis, but as an opportunity for Marxist reinvention, sounded like a tough sell.

But sell it has. Since its release in 2020, Mr. Saito’s book “Capital in the Anthropocene” has sold more than 500,000 copies, exceeding his wildest imaginings. Mr. Saito, a philosophy professor at the University of Tokyo, appears regularly in Japanese media to discuss his ideas. His book has been translated into several languages, with an English edition to be issued early next year.

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