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The difference between Zaibatsu and Keiretsu is how much the state is involved. After MacArthur's attempt to demolish Zaibatsu completely, they found a way to r
by snaky 10y ago
The difference between Zaibatsu and Keiretsu is how much the state is involved. After MacArthur's attempt to demolish Zaibatsu completely, they found a way to reorganize with almost no state involvement as Keiretsu. These days, after half of the century, Japanese pretty much recreated all the things MacArthur killed - from Zaibatsu to ultra-nationalism as government ideology [1]
Samsung, Daewoo, Hyundai - pretty much any big Korean firm is Chaebol.
[1] http://www.thedailybeast.com/articles/2016/07/10/does-this-religious-cult-run-japan.html http://www.thedailybeast.com/articles/2016/07/10/does-this-r...