William Pesek: A tragedy -- and a jolt to a nation's psyche

Commentary

TOKYO - It always struck me as odd that Japanese bookstores have not just earthquake sections, but entire aisles of titles devoted to tectonic upheavals.

After Friday's big one, I'm now a believer in quake-olgy. Temblors have a complicated place in the Japanese psyche.

There's a widely held belief, a local mythology, that tectonic-plate shifts can coincide with big shifts above the ground, too.

An 1855 earthquake that destroyed much of Tokyo bookmarked the twilight of the Tokugawa period, during which Japan was isolated for two centuries.

Rebuilding efforts after the devastation of 1923 coincided with the rise of Japanese militarism.

Kobe's 1995 tragedy dovetailed with the end of Japan's postwar industrial boom and the advent of deflation.

Economist Nouriel Roubini has a point when he says the earthquake came at the "worst time" as Japan struggles to reduce its massive debt.

But let's go the other way for a moment and explore three potential silver linings from this quake.

One, it's a wake-up call. Japan dithered for years as deflation deepened, wages stagnated and public debt exceeded gross domestic product.

Even after China's economy blew past Japan in 2010 and after a Standard & Poor's downgrade in January, officials in Tokyo remained as paralyzed as ever.

The days before Friday's quake saw Japanese politics at its worst. Foreign Minister Seiji Maehara, a 48-year-old who had been tipped to be the next prime minister, was browbeaten into resigning over a clerical error.

Such complacency and distraction is no longer an option.

Japan's leaders must now roll up their sleeves to rebuild after the strongest earthquake on record. And they must do so without the luxury of massive borrowing.

As Roubini, cofounder of Roubini Global Economics in New York, says, a "shock like this" complicates reining in the world's biggest public debt.

Yet with a little political will, another kind of shock could befall Japan, one author Naomi Klein explored in 2007's "The Shock Doctrine." Klein's focus is on free-market ideologues who exploit crises to impose rapid and irreversible change in nations around the world.

Fate may have just handed Japan a chance to unleash the doctrine on itself.

For years, pundits said only a major crisis will bring about change in Japan. March 11 provided the shock; leaders just need to act accordingly.

Two, a chance to make-up with China. The seemingly inexorable rise of 1.3 billion people and the competitive forces that come with such an economic event are bringing Japan and South Korea together, helping overcome hard feelings over a colonial past.

Now, China's rapid offer of help and condolences to Japan's earthquake victims could go a long way toward reducing tensions.

It's the rare event that gets officials in Tokyo and Beijing to put aside prickly disagreements over economic, territorial, military and historical disputes. And here we have one.

Three, a boost to Japanese confidence. In the days since the earthquake, editorials in Chinese newspapers shifted from bashing Japan to exploring what Chinese can learn from Japan's speedy response and the orderliness of its people.

The nation has shown itself to be a highly civil, stable and caring place.

Tough building codes, training and lessons from the 1995 Kobe earthquake that killed more than 6,000 people probably saved thousands of lives this time around.

Certainly, problems abound. The most immediate is containing the worst nuclear accident in at least 33 years.

At a minimum, Japan must scrutinize the safety record of Tokyo Electric Power Co. as never before.

Nor is the unpopular Kan distinguishing himself. Information from his office has been lacking and downright contradictory at times.

Yet in this time of devastation and uncertainty, Japan has shown it runs well on many levels in spite of its government.

This is a moment for sorrow and reflection, yes. It's also a time to look ahead to brighter days. They could indeed be on the way.

William Pesek writes for Bloomberg News.

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