Comment

Comment on Everyday AI looks more like the '08 housing bubble

From the entry for “zaibatsu” on Wikipedia:

Under the Allied occupation after the surrender of Japan, a partially successful attempt was made to dissolve the zaibatsu. Many of the economic advisors accompanying the SCAP administration had experience with the New Deal and were highly suspicious of monopolies and restrictive business practices, which they felt to be both inefficient, and to be a form of corporatocracy (and thus inherently anti-democratic).

The only difference? The zaibatsu actually diversified their operations.

source

Sort:hotnew top

vacuumflower@lemmy.sdf.org ⁨5⁩ ⁨months⁩ ago

Many of the economic advisors accompanying the SCAP administration had experience with the New Deal and were highly suspicious of monopolies and restrictive business practices

Your country was very different then.

source
- biofaust@lemmy.world ⁨5⁩ ⁨months⁩ ago
  My country? I am from the EU!
  
  Let’s try not to be offensive.
  
  source
  - vacuumflower@lemmy.sdf.org ⁨5⁩ ⁨months⁩ ago
    * Puts ~~red~~ blue glasses on *
    
    - Which kind of EU?
    
    source
    biofaust@lemmy.world ⁨5⁩ ⁨months⁩ ago
    The European kind. Not the Extended Universe nor Eastern University.
    
    source
Glytch@lemmy.world ⁨5⁩ ⁨months⁩ ago
And that is why Yamaha makes everything from musical instruments to motorcycles

source