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The Fable of the KeiretsuUrban Legends of the Japanese Economy$
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Yoshiro Miwa and J. Ramseyer

Print publication date: 2006

Print ISBN-13: 9780226532707

Published to Chicago Scholarship Online: February 2013

DOI: 10.7208/chicago/9780226532721.001.0001

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(p.1) Chapter One Introduction
The Fable of the Keiretsu

J. Mark Ramseyer

University of Chicago Press

This introductory chapter discusses the theme of this volume which is about keiretsu, post-war Japanese insular business alliances. This volume argues that keiretsu is nothing more than an urban legend propagated by Marxist scholars in the 1950s. It also debunks other related myths about the Japanese business world including zaibatsu, which explains government guidance and maintenance of special arrangement with main bank.

Keywords:   keiretsu, insular business alliances, Japan, Marxist scholars, zaibatsu, government guidance, main bank

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