After World War II the Americans occupying Japan decided to break up the zaibatsu – the industrial conglomerates which controlled Japan’s economy. The four biggest – Mitsui, Mitsubishi, Sumitomo and Yasuda – controlled a quarter of the country’s economy. In 1946, Konosuke Matsushita, who’d built his own company unlike most of these venerable organisations, was ...
Read full article: Matsushita’s Scapegoat
from Electronics Weekly http://www.electronicsweekly.com/blogs/mannerisms/yarns/matsushitas-scapegoat-2016-09/
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