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I am very fascinated and curious as to what Japan did / does to mitigate the formation of business conglomerates. I am skeptical but open minded to the fact tha
by lefstathiou 11y ago
I am very fascinated and curious as to what Japan did / does to mitigate the formation of business conglomerates. I am skeptical but open minded to the fact that this could just be cultural - many US laws and tax policies encourage scale. Googling around now but if anyone has thoughts or a book recommendation please let me know.
- icebraining 11y agoBut has Japan mitigated it? The statistic quoted is that 99.7% of companies are SMEs. But in the US, 98.2% of companies have less than 100 people (ie, they're SMEs): http://www.census.gov/econ/susb/ http://www.census.gov/econ/susb/ So, that statistic might not be telling you what you think it's telling you.
- JoeAltmaier 11y agoAnd 100% of the 150 companies in my local rural village chamber of commerce are guys with a truck and a ladder. In the US, private enterprise is alive and well.