2024/3/28. Article 9
Article 9 of the Japan Constitution has been unchanged for over 70 years from WW2.
Article 9 is written about abandonment of army.
Regardless of the intentions of the U.S. government at that time, Japan people have keep on protecting Article 9.
Liberal Democratic Party in Japan(Jimin party) have keep on staying at the center of Japan politics over 70 years from WW2.
In other words, Jimin party have protected Article 9.
In view of it, Jimin party won’t change Article 9.
There may be national election in near future, but it doesn’t matter whether Jimin party wins or not about changing Article 9.
If Jimin party wins, Article 9 won’t be changed.
If Jimin party loses, next ruling party can’t change Article 9 because of weakness of political foundation.
Weakness of political foundation is due to its voter support base and the presence of some organizations.
New ruling party won’t have large support from its voters, so that national referendum for changing Article 9 will be denied.
Some organizations are organizations with large voters, such as religious organizations and labor unions.
They will deny for changing Article 9.
In addition, young voters seem to lose interests for Japan politics, so that they won’t vote, then organizations’ voters will be stronger.
In view of this opinion, Nikkei stock price will fall down after the election results will be out.
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