The LDP has almost continuously been in power since its foundation in 1955—a period called the 1955 System—with the exception of a period between 1993 and 1994, and again from 2009 to 2012. In the 2012 election it regained control of the government. It holds 285 seats in the lower house and 113 seats in the upper house, and in coalition with the Komeito since 1999, the governing coalition has a supermajority in both houses. Prime Minister Yoshihide Suga, former Prime Minister Shinzo Abe and many present and former LDP ministers are also known members of Nippon Kaigi, an ultranationalist and monarchist organization.
The LDP is not to be confused with the now-defunct Democratic Party of Japan (民主党, Minshutō), the main opposition party from 1998 to 2016, or the Democratic Party (民進党, Minshintō), the main opposition party from 2016 to 2017.[16] The LDP is also not to be confused with the 1998-2003 Liberal Party (自由党, Jiyūtō) or the 2016-2019 Liberal Party (自由党, Jiyū-tō). (...)
Beginnings
The LDP was formed in 1955 as a merger between two of Japan's political parties, the Liberal Party (自由党, Jiyutō, 1945–1955, led by Shigeru Yoshida) and the Japan Democratic Party (日本民主党, Nihon Minshutō, 1954–1955, led by Ichirō Hatoyama), both right-wing conservative parties, as a united front against the then popular Japan Socialist Party (日本社会党, Nipponshakaitō), now Social Democratic Party (社会民主党, Shakaiminshutō). The party won the following elections, and Japan's first conservative government with a majority was formed by 1955. It would hold majority government until 1993.
The LDP began with reforming Japan's international relations, ranging from entry into the United Nations, to establishing diplomatic ties with the Soviet Union. Its leaders in the 1950s also made the LDP the main government party, and in all the elections of the 1950s, the LDP won the majority vote, with the only other opposition coming from left-wing politics, made up of the Japan Socialist Party and the Japanese Communist Party.
Ideology
The LDP has not espoused a well-defined, unified ideology or political philosophy, due to its long-term government, and has been described as a "catch-all" party. Its members hold a variety of positions that could be broadly defined as being to the right of the opposition parties. The LDP is usually associated with conservatism and Japanese nationalism. The LDP traditionally identified itself with a number of general goals: rapid, export-based economic growth; close cooperation with the United States in foreign and defense policies; and several newer issues, such as administrative reform. Administrative reform encompassed several themes: simplification and streamlining of government bureaucracy; privatization of state-owned enterprises; and adoption of measures, including tax reform, in preparation for the expected strain on the economy posed by an aging society. Other priorities in the early 1990s included the promotion of a more active and positive role for Japan in the rapidly developing Asia-Pacific region, the internationalization of Japan's economy by the liberalization and promotion of domestic demand (expected to lead to the creation of a high-technology information society) and the promotion of scientific research. A business-inspired commitment to free enterprise was tempered by the insistence of important small business and agricultural constituencies on some form of protectionism and subsidies. In addition, the LDP opposes the legalization of same-sex marriage.
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[ed. When countries are run like corporations (the LDP has been in power most of my life, how could I not have known this?). See also: the 1955 System link; and Did Japan’s Prime Minister Abe Serve Obama Beefsteak-Flavored Revenge for US Trade Representative Froman’s TPP Rudeness? (Naked Capitalism).]