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In January, a protest took place in front of Japan’s Ministry of Finance in Tokyo, attracting hundreds of participants who loudly opposed the ministry and tax increases. The number of demonstrators has since reduced to about 20, but the protests continue.
Protesters use the term “Zaimu Cult” to criticize the ministry, comparing its strict focus on fiscal health to a cult. This term gained attention after the death of economist Takuo Morinaga, who criticized the ministry in his popular book, “Zaimu Cult: The Massive Cult of 80 Million Followers.” He argued that the ministry’s policies have stalled the Japanese economy by brainwashing the public into believing in unnecessary fiscal tightening, blaming these policies for Japan’s “lost 30 years.” Morinaga also criticized the ministry for prioritizing its agenda and for the issue of bureaucrats securing advantageous positions post-retirement.
Protesters often display posters of Morinaga and have been inspired by his videos to join the demonstrations. A 70-year-old woman expressed her determination to honor Morinaga’s legacy, highlighting concerns about the ministry’s focus on preserving its interests while people face real hardships.
by MagazineKey4532