Re:Intel ousts its chief engineer, shakes up technical group...
by unixhero on Tuesday July 28, 2020 @01:03AM
(#23972445)
This is accurate. SK has Chaebol and Japan has Keiretsu which has revolving doors to technocrat bureaucracies and governments where jobs, power and money are free flowing between these entities.
This is historical fact, not a theory.
Japan and South Korea are not really; their economies are largely organised by conglomerates with strong political ties (and often significant nationalistic tendencies). There is capitalism in Germany but it's kept on a much tighter leash than the US in terms of labour laws.