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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.