Description

Book Synopsis
For Western economists and journalists, the most distinctive facet of the post-war Japanese business world has been the keiretsu, or the insular business alliances among powerful corporations. This book shows that the very idea of the keiretsu was created and propagated by Marxist scholars in post-war Japan.

Trade Review
"The Fable of the Keiretsu is so important and well written, it should become a classic in both the academic and popular literature on Japan. Urban legends about Japan view the country as following some kind of Confucian collectivism that does not follow behavior that would be consistent with economic rationality. Yoshiro Miwa and Mark Ramseyer instead argue that the facts about Japan conform closely with what would be both observed and expected in a market economy in which firms maximize profits." - Daniel F. Spulber, Northwestern University"

The Fable of the Keiretsu Urban Legends of the

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    A Hardback by J. Mark Ramseyer, J. Mark Ramseyer

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      View other formats and editions of The Fable of the Keiretsu Urban Legends of the by J. Mark Ramseyer

      Publisher: The University of Chicago Press
      Publication Date: 7/3/2006 12:00:00 AM
      ISBN13: 9780226532707, 978-0226532707
      ISBN10: 0226532704
      Also in:
      Development economics

      Description

      Book Synopsis
      For Western economists and journalists, the most distinctive facet of the post-war Japanese business world has been the keiretsu, or the insular business alliances among powerful corporations. This book shows that the very idea of the keiretsu was created and propagated by Marxist scholars in post-war Japan.

      Trade Review
      "The Fable of the Keiretsu is so important and well written, it should become a classic in both the academic and popular literature on Japan. Urban legends about Japan view the country as following some kind of Confucian collectivism that does not follow behavior that would be consistent with economic rationality. Yoshiro Miwa and Mark Ramseyer instead argue that the facts about Japan conform closely with what would be both observed and expected in a market economy in which firms maximize profits." - Daniel F. Spulber, Northwestern University"

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