The aftermath of the dissolution of Zaibatsus, the Japanese combines: A study of the post-war development of monopoly in Japan. - Page 136 |
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126 Chief of Anti Cartel and Trust Division of the headquarters of the occupation forces, stated at a press interview of October b 7 1955, that the introduction of foreign capital into the corporations to be newly established or reinforced on the foundation of the redistributed Zaibatsu stocks would have a remarkable stabilizing effect upon Japanese economy.^ The later development of the Zaibatsu re-formation can not, therefore, be fully understood without the knowledge of its relationship to the inflowing foreign capital. The peculiar relationship in which the re-formed Zaibatsus now find themselves to foreign capital is undoubtedly a feature which distinguishes them from the former Zaibatsus. Some observers define such a relationship as subordination and deem it bound to last as long as present economic and political relationship of Japan with the Dhited States continues. Is it really so? This question has such far-reaching implications that a chapter should be given to its analysis. What are the realities of the post-war foreign investments in Zaibatsu enterprises, how much control does ■^Political Economy Research Institute, Foreign Capital in Japan (Tokyo; Toyo Keizai Shimpo Company, Ltd., 1955), P- 107-
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Title | The aftermath of the dissolution of Zaibatsus, the Japanese combines: A study of the post-war development of monopoly in Japan. - Page 136 |
Repository email | cisadmin@lib.usc.edu |
Full text | 126 Chief of Anti Cartel and Trust Division of the headquarters of the occupation forces, stated at a press interview of October b 7 1955, that the introduction of foreign capital into the corporations to be newly established or reinforced on the foundation of the redistributed Zaibatsu stocks would have a remarkable stabilizing effect upon Japanese economy.^ The later development of the Zaibatsu re-formation can not, therefore, be fully understood without the knowledge of its relationship to the inflowing foreign capital. The peculiar relationship in which the re-formed Zaibatsus now find themselves to foreign capital is undoubtedly a feature which distinguishes them from the former Zaibatsus. Some observers define such a relationship as subordination and deem it bound to last as long as present economic and political relationship of Japan with the Dhited States continues. Is it really so? This question has such far-reaching implications that a chapter should be given to its analysis. What are the realities of the post-war foreign investments in Zaibatsu enterprises, how much control does ■^Political Economy Research Institute, Foreign Capital in Japan (Tokyo; Toyo Keizai Shimpo Company, Ltd., 1955), P- 107- |