keiretsu
Posted: Sat Dec 08, 2007 8:22 pm
by Klimt
A network of businesses that own stakes in one another as a means of mutual security, especially in Japan, and usually including large manufacturers and their suppliers of raw materials and components.
Posted: Thu Sep 30, 2010 6:43 pm
by Slava
According to dictionary.com, it's pronounced key-ret-soo. Any Japanese speakers out there wish to weigh in?
This is quite an interesting word; more for its concept than the word itself, though. The producer owning a share in the raw goods provider is perhaps a tricky concept in many worlds. Yet the Japanese even have a word for it. The Russians/Soviets do/did it, but I've not heard a specific word to express the idea. Other than corruption, that is.
It's a long shot, but do any others out there from other lands have a similar concept and word?
Love to hear from you if you do.
Posted: Sat Oct 02, 2010 10:42 pm
by Stargzer
...
This is quite an interesting word; more for its concept than the word itself, though. The producer owning a share in the raw goods provider is perhaps a tricky concept in many worlds. Yet the Japanese even have a word for it. The Russians/Soviets do/did it, but I've not heard a specific word to express the idea. Other than corruption, that is. ...
I believe that was called "Communist Government."