
How Confucius’ Teachings Guided the Creation of Japan’s Modern Economy: Part 4
Continued from Part 3: The father of Japan’s capitalist economy is Shibusawa Eiichi (涩泽荣一) (1840- 1931), a highly respected Japanese industrialist. Guided by his study of Confucius’ Analects, Shibusawa brought Western capitalism to Japan, but with a core emphasis on morality and business ethics. The purpose of self-cultivation is not for oneself, but for the cities and