"If these assets were set up as a revolving fund with which Japan could import raw materials for its industries, Japanese exports could again enter the channels of world trade-and Japanese workers would have employment and something to eat"
About this Quote
A technocrat’s moral argument dressed in the language of logistics. Forrestal isn’t pitching charity; he’s pitching a machine restart. The key phrase is “revolving fund”: not a handout, but a self-liquidating mechanism that turns aid into throughput. Raw materials in, exports out, foreign exchange recycled, stability purchased. It’s the Marshall Plan mindset applied to a former enemy, and it telegraphs a postwar American conviction that economic engineering could do what treaties and occupations couldn’t: domesticate geopolitics by rebuilding supply chains.
The context matters. In the late 1940s, Japan was devastated, short of fuel and inputs, and operating under Allied control. Forrestal, as a senior U.S. national security figure, is thinking in the emerging Cold War frame even when he doesn’t say “Soviets.” The subtext is containment by calories: a hungry industrial workforce is a recruitment pool for extremism, strikes, black markets, and political volatility. “Employment and something to eat” is blunt on purpose, a reminder that order is ultimately nutritional.
The line also reframes Japan’s reintegration into “world trade” as a global good, not a Japanese privilege. That’s persuasive because it appeals to American self-interest without sounding like it. If Japan can export, it can buy; if it can buy, U.S. allies can sell; if trade flows, the occupation gets easier and communism gets harder. Forrestal’s rhetoric makes scarcity the villain and commerce the cure, turning a potentially controversial policy - re-empowering Japanese industry - into a pragmatic act of security.
The context matters. In the late 1940s, Japan was devastated, short of fuel and inputs, and operating under Allied control. Forrestal, as a senior U.S. national security figure, is thinking in the emerging Cold War frame even when he doesn’t say “Soviets.” The subtext is containment by calories: a hungry industrial workforce is a recruitment pool for extremism, strikes, black markets, and political volatility. “Employment and something to eat” is blunt on purpose, a reminder that order is ultimately nutritional.
The line also reframes Japan’s reintegration into “world trade” as a global good, not a Japanese privilege. That’s persuasive because it appeals to American self-interest without sounding like it. If Japan can export, it can buy; if it can buy, U.S. allies can sell; if trade flows, the occupation gets easier and communism gets harder. Forrestal’s rhetoric makes scarcity the villain and commerce the cure, turning a potentially controversial policy - re-empowering Japanese industry - into a pragmatic act of security.
Quote Details
| Topic | Money |
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