Abstract

The Zaibatsu are said to be reviving in Japan. In his widely-read Nippon Keizai Nyumon (Introduction to the Japanese Economy) Professor Nagasu wrote in 1959:

The Zaibatsu have steadily built their power and have revived. No, more than that. Before the war, the Zaibatsu had to share their hegemony with large landowners and were under the Emperor and the militarists, but now there are no militarists or large landowners. The Emperor, too, has become an accessory. The power of Japan now rests squarely in the hands of the Zaibatsu, the sponsors of the Conservative Party.

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