Under the Allied occupation after the surrender of Japan, a partially successful attempt was made to dissolve the zaibatsu. Many of the economic advisors accompanying the SCAP administration had experience with the New Deal and were highly suspicious of monopolies and restrictive business practices, which they felt to be both inefficient, and to be a form of corporatocracy (and thus inherently anti-democratic).
The only difference? The zaibatsu actually diversified their operations.
Many of the economic advisors accompanying the SCAP administration had experience with the New Deal and were highly suspicious of monopolies and restrictive business practices
From the entry for “zaibatsu” on Wikipedia:
Under the Allied occupation after the surrender of Japan, a partially successful attempt was made to dissolve the zaibatsu. Many of the economic advisors accompanying the SCAP administration had experience with the New Deal and were highly suspicious of monopolies and restrictive business practices, which they felt to be both inefficient, and to be a form of corporatocracy (and thus inherently anti-democratic).
The only difference? The zaibatsu actually diversified their operations.
Your country was very different then.
My country? I am from the EU!
Let’s try not to be offensive.
* Puts
redblue glasses on *- Which kind of EU?
The European kind. Not the Extended Universe nor Eastern University.
And that is why Yamaha makes everything from musical instruments to motorcycles