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All in the family

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When Yataro Iwasaki started to build the Mitsubishi business empire, beginning in the 1870s with a steamship company, Japan was rapidly transforming itself into one of the world's economic powers. Alas, Japanese businessmen no longer adapt so quickly, often doggedly resisting change of any sort. If Iwasaki were alive today to witness the ¥450 billion ($4 billion) rescue by the Mitsubishi keiretsu (family of companies) of the ailing Mitsubishi Motors Corporation, announced on May 21st, what would he think? Would he appreciate the ties of loyalty that still exist within the group of firms? Or would the keiretsu's tolerance of failure merely fill him with shame?
机译:当岩崎矢太郎从1870年代开始以轮船公司开始建立三菱商业帝国时,日本正迅速将自己转变为世界经济强国之一。 businessmen,日本商人不再适应得那么快,常常顽强地抵抗任何形式的改变。如果岩崎今天还健在,目睹5月21日宣布破产的三菱汽车公司(Mitsubishi keiretsu)(公司家族)进行的4,500亿日元(40亿美元)救援,他会怎么想?他会欣赏仍然存在于企业集团中的忠诚关系吗?还是keiretsu对失败的宽容只会让他感到羞耻?

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