Japan's economy is invariably seen as a prime example of a
capitalist system, and a consideration of the elements upon which
the Japanese economy is founded seems to lead inexorably to the
conclusion that Japan is an established member of the group of
highly developed capitalist nations. Yet a country's internal
mechanisms can differ markedly from the system as perceived
externally. Although not yet widely recognized, a new kind of
economic system has developed in Japan, a system that differs
greatly from traditional capitalism. The author of this book has
observed Japanese industry from the inside. He provides detailed
explanations of the unique features of the new corporate system and
how it differs from the system of orthodox capitalistic
corporations.
General
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