It is clear that voters are concerned about rising inflation, declining living standards, Zero growth economy, And are more concerned about the general atmosphere of despair in the country. He has expressed his displeasure through his vote. But there is no way out of this.
New Prime Minister Shigeru Ishiba’s move to hold mid-term elections in Japan backfired. The ruling coalition led by the Liberal Democratic Party (LDP) has lost its majority after 15 years. LDP itself lost 57 seats, while its alliance was reduced to 215 seats. In the previous Parliament of 465 members, the ruling coalition had 288 members, including 247 from the LDP itself. The party changed its leader after several allegations of corruption against the former government led by Fumio Kishida. Ishiba then became Prime Minister and decided to seek a new mandate immediately. Ishiba adopted an aggressive foreign policy to divert voters’ attention from scandals and the country’s deepening economic crisis. He raised the issue of converting the Quad of four countries into “Asian NATO” to surround China.
But it is clear that voters are more concerned about rising inflation, declining living standards, zero growth economy, and the general atmosphere of despair in the country. He has expressed his displeasure through his vote. But there is no way out of this. Rather, Japan seems to be entering a period of political instability, which may deepen its economic crisis. Japan’s political system is such that the LDP has been the choice of the ruling classes since its establishment in 1955. America has also had a blessing on that.
After the defeat in the Second World War, the Constitution was written there under the supervision of America and even today America’s largest military base is there. Due to this, America is also dominating the politics of Japan. As a result of all this, only twice since 1955 – in 1993 and 2009 – has the LDP been out of power for three years each. But this time the situation is different. The period after the Second World War marked the rise of Japan as an economic power, due to which people remained optimistic. Now is the era of economic failure, which has filled people with despair. An indication of this has emerged from the election results.