section of the city of Sapporo. For two years, the names of the new property holders were moved around, under the surface, in surreptitious ways. Land values grew hot for no apparent reason. With very little else to go on, the reporter started his investigation. What he turned up was this: The properties were purchased by various companies, most of which existed only on paper. The companies were fully registered, they paid taxes, but they had no offices and no employees. These paper companies were tied into still other paper companies. Whoever they were, their juggling of property ownership was truly masterful. One property bought at twenty million yen was resold at sixty million, and the next thing you knew it was sold again for two hundred million yen. If you persisted in tracing each paper company's holdings back through this maze of interconnecting fortunes, you'd find that they all ended at the same place: B industries, a player of some renown in real estate. Now B industries was a real company, with big, fashionable headquarters in the Akasaka section of Tokyo. And B industries happened to be, at a less-than-public level, connected to A enterprises, a massive conglomerate that encompassed railway lines, a hotel chain, a film company, food services, department stores, magazines, . . . , everything from credit agencies to damage insurance. A enterprises had a direct pipeline to certain political circles, which prompted the reporter to pursue this line of investigation further. Which is how he found out something even more interesting. The area of Sapporo that B industries was so busily buying up was slated for major redevelopment. Already, plans had been set in motion to build subways and to move governmental offices to the area. The greater part of the moneys for the infrastructural projects was to come from the national level. It seems that the national, prefectural, and municipal governments had worked together on the planning and agreed on a comprehensive program for the zoning and scale and budget. But when you lifted up this «cover,» it was obvious that every square meter of the sites for redevelopment had been systematically bought up over the last few years. Someone was leaking information to A enterprises, and, moreover, the leak existed well before the redevelopment plans were finalized. Which also suggested that, politically speaking, the final plans had been a fait accompli probably from the very beginning.
And this is where the Dolphin Hotel entered the picture. It was the spearhead of this collusive cornering of real estate. First of all, the Dolphin Hotel secured prime real estate. Hence, A enterprises could set up offices in this new chrome-and-marble wonder as its local base of operations. The place was both a beacon and a watchtower, a visible symbol of change as well as a nerve center which could redirect the flow of people in the district. Everything was proceeding according to the most intricate plans.
That's advanced capitalism for you: The player making the maximum capital investment gets the maximum critical information in order to reap the maximum desired profit with maximum capital efficiency—and nobody bats an eye. It's just part of putting down capital these days. You demand the most return for your capital outlay. The person buying a used car will kick the tires and check under the hood, and the conglomerate putting down one hundred billion yen will check over the finer points of where that capital's going, and occasionally do a little fiddling. Fairness has got nothing to do with it. With that kind of money on the line, who's going to sit around considering abstract things like that?
Sometimes they even force hands.
For instance, suppose there's someone who doesn't want to sell. Say, a long-established shoe store. That's when the tough guys come out of the woodwork. Huge companies have their connections, and you can bet they count everyone from politicians and novelists and rock stars to out-and-out
Latter-day capitalism. Like it or not, it's the society we live in. Even the standard of right and wrong has been subdivided, made sophisticated. Within good, there's fashionable good and unfashionable good, and ditto for bad. Within fashionable good, there's formal and then there's casual; there's hip, there's cool, there's trendy, there's snobbish. Mix 'n' match. Like pulling on a Missoni sweater over Trussardi slacks and Pollini shoes, you can now enjoy hybrid styles of morality. It's the way of the world—philosophy starting to look more and more like business administration.
Although I didn't think so at the time, things were a lot simpler in 1969. All you had to do to express yourself was throw rocks at riot police. But with today's sophistication, who's in a position to throw rocks? Who's going to brave what tear gas? C'mon, that's the way it is. Everything is rigged, tied into that massive capital web, and beyond this web there's another web. Nobody's going anywhere. You throw a rock and it'll come right back at you.
The reporter had devoted a lot of energy to following the paper trail. Still, despite his outcry—or rather, all the more because of his outcry—the article curiously lacked punch. A rallying cry it wasn't. The guy just didn't seem to realize: Nothing about this was suspect. It was a
The reporter had done everything he could. The article was well researched, full of righteous indignation, and hopelessly untrendy.
I folded it, slipped it into my pocket, and drank another cup of coffee.
I thought about the owner of the old Dolphin. Mister Unlucky, shadowed by defeat since birth. No way he could have made the cut for this day and age.
«Untrendy!» I said out loud.
A waitress gave me a disturbed look.
I took a taxi back to the hotel.
8
From my room I rang up my ex-partner in Tokyo. Somebody I didn't know answered the phone and asked my name, then somebody else came on the line and asked my name, then finally my ex-partner came to the phone. He seemed busy. It had been close to a year since we'd spoken. Not that I'd been consciously avoiding him; I simply didn't have anything to talk to him about. I'd always liked him, and still did. But the fact was, my ex-partner was for me (and I for him) «foregone territory.» Again, not that we'd pushed each other into that position. We'd just gone our own separate ways, and those two paths didn't seem to cross. No more, no less.
So how's it going? I asked him.
Well enough, he said.
I told him I was in Sapporo. He asked me if it was cold.
Yeah, it's cold, I answered.
How's work? was my next question.
Busy, his one-word response.
Not hitting the bottle too much, I hoped.
Not lately, he wasn't drinking much these days.
And was it snowing up here? His turn to ask.
Not at the moment, I kept the ball in the air.
We were almost through with our polite toss-and-catch.
«Listen,» I broke in, «I've got a favor to ask.» I'd done him one a long while back. Both he and I remembered it. Otherwise, I'm not the type to go asking favors of people.
«Sure,» he said with no formalities.