How does reducing government and corporate bureaucracy help the value of a company increase (stock value increases)? How can it grow and hurt the economy? Use the Peter Drucker article (see attachment) for this week as a guide to answering the questions. 
Task Requirement:
Write a 300 to 400-word description in which you discuss and answer the above questions by Wednesday. 

Cite and use APA format if you use outside sources. 
Describe how this discussion will change your thought process of how you will view business in the future.
Leave a question for peers in your answer.In Defense of Japanese Bureaucracy

Author(s): Peter F. Drucker

Source: Foreign Affairs , Sep. – Oct., 1998, Vol. 77, No. 5 (Sep. – Oct., 1998), pp. 68-80

Published by: Council on Foreign Relations

Stable URL:

JSTOR is a not-for-profit service that helps scholars, researchers, and students discover, use, and build upon a wide
range of content in a trusted digital archive. We use information technology and tools to increase productivity and
facilitate new forms of scholarship. For more information about JSTOR, please contact [email protected]

Your use of the JSTOR archive indicates your acceptance of the Terms & Conditions of Use, available at

Terms and Conditions of Use

Council on Foreign Relations is collaborating with JSTOR to digitize, preserve and extend access
to Foreign Affairs

This content downloaded from
������������� on Tue, 28 Dec 2021 22:02:56 UTC��������������

All use subject to

In Defense of
Japanese Bureaucracy

Peter E Drucker

a heretic’s view

American policy on Japan, especially during Asia’s economic
crisis, is based on five assumptions that have become articles of faith
for most American policymakers, Japan scholars, and even a good
many business executives. But all of them are either plain wrong or,
at best, highly dubious:

1. The government bureaucracy’s dominance is assumed to be
unique to Japan, like its near-monopoly on policymaking and its
control ofbusiness and the economy through “administrative guidance.”

2. Reducing the bureaucracy’s role to what it should be?”the
experts on tap but not on top”?would not be that difficult. All that
is needed is political will.

3. A ruling elite like the Japanese bureaucracy is both unnecessary
in a modern developed society and undesirable in a democracy.

4. The Japanese bureaucracy’s resistance to “deregulation,” especially
now in the financial sector, is nothing but a selfish clinging to power
that will do severe damage. By delaying the inevitable, it can only
make things worse.

5. Finally, the Japanese?they are intelligent people, after all?put
the economy first, as we do.

The right assumptions about Japan, however, are:
1. Bureaucracies dominate almost all developed countries. The

United States and a few less populous English-speaking countries

Peter F. Drucker is Clarke Professor of Social Science at Claremont

Graduate University.


This content downloaded from
������������� on Tue, 28 Dec 2021 22:02:56 UTC��������������

All use subject to

In Defense of Japanese Bureaucracy

such as Australia, New Zealand, and Canada are the exceptions
rather than the rule. Indeed, the Japanese bureaucracy is a good
deal less overbearing than that of some other developed countries,
particularly France.

2. Bureaucratic elites have far greater staying powe

Why Choose Us

  • 100% non-plagiarized Papers
  • 24/7 /365 Service Available
  • Affordable Prices
  • Any Paper, Urgency, and Subject
  • Will complete your papers in 6 hours
  • On-time Delivery
  • Money-back and Privacy guarantees
  • Unlimited Amendments upon request
  • Satisfaction guarantee

How it Works

  • Click on the “Place Order” tab at the top menu or “Order Now” icon at the bottom and a new page will appear with an order form to be filled.
  • Fill in your paper’s requirements in the "PAPER DETAILS" section.
  • Fill in your paper’s academic level, deadline, and the required number of pages from the drop-down menus.
  • Click “CREATE ACCOUNT & SIGN IN” to enter your registration details and get an account with us for record-keeping and then, click on “PROCEED TO CHECKOUT” at the bottom of the page.
  • From there, the payment sections will show, follow the guided payment process and your order will be available for our writing team to work on it.