3 ‘The law of Joheiso’ and ‘the allotment of interests’
3.1 The reign by the Edo bakufu and ‘the law of Joheiso’
According to Dazai, Edo bakufu’s reign was exemplified by the following four points (Dazai, 1729, pp.502-507).
(1) ‘Toto fukuso’ or the gravitation of the population and commodities to the capital of the east, Edo. This brought about ‘a high value of gold and silver’, as functions of distribution and exchange to solve congestion of the population and commodities in Edo and the trade and exchange market came into existence.
(2) The accumulation of ‘the bun’ (social classes or units in the society) occurred during ‘Toto fukuso’ and encouraged further divisions in social labour.
(3) As a result of the population congestion phenomena,…show more content… → Samurais’ income increase.→ Samurais have a limited propensity to save, because of ‘their small saving tendency of gold and silver’.→ Their consumption increased, as ‘samurais were the class that did not pay sufficient attention to interests’.→ The demand for merchants and artisans increased. On the other hand, since the desire of merchants and artisans for rice was not as large, their food expenditures did not increase significantly.→ Due to the demand of samurais and farmers, merchants and artisans could increase their income, which, of course, pleased the merchants and artisans (Dazai, 1729, p.503). In other words, in ancient times, aspects such as (1) ‘the gravitation of the population and commodities to the capital of the east’, (2) the accumulation of ‘the bun’, and (3) the change in people’s lifestyle into that of “‘a kind of tourist”’ were unwitting ; because, as rice price rose.→ ssamurais’ income increased → samurais’ propensity did not value ‘the road to public welfare by interests’, and the axis of trade and ‘bun’ was less important than the teki/cho axis in ‘the present time’, as the purchase power of samurais and farmers was not critical for merchants’ and artisans’ ‘the road of industry’ (Dazai, 1729,…show more content… As the price of rice increased, of course, merchants and artisans also suffered a serious blow. However, it was assumed that they consumed products not to purchase goods from samurais and farmers, or easily acquired substitute necessaries except rice. That is to say, if only the samurai expenditures increased, or if there was any condition without a linkage of rice price to the price level of other goods, such a derivation effect did not produce beneficial
