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2023-10-22 16:35:02
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Conspiracy-addled GenX'er on Nostr: npub1d3wzp…n22e8 From the article: "To the Japanese it is keiretsu, the New York ...



From the article:

"To the Japanese it is keiretsu, the New York Times columnist William Safire noted a quarter-century ago. And the Chinese call it guanxi.

Americans know it as crony capitalism, a system that involves big business and government working together to serve their own interests, which are not necessarily the same as consumers or taxpayers. "

I doubt many Japanese think that the keitetsus are as rotten as our crony capitalists.
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