Talk:Collective capitalism
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"Collective Capitalism" is an oxymoron,
editlike "jumbo shrimp" or "military inteligence". It is a propaganda term used by comunist states, to make themselves look good. Dullfig 19:42, 6 April 2006 (UTC)
- Japan is a Communist state now? Holy crap, I hadn't realised! DE 08:37, 25 June 2006 (UTC)
Youre confusing coercive collectivism with choice collectivism. Corporations, partnerships and cooperatives are all choice collectives in capitalism. — Preceding unsigned comment added by Dunnbrian9 (talk • contribs) 06:51, 25 October 2011 (UTC)
Isnt this more commonly referred to as corproate capitalism
editI believe so. — Preceding unsigned comment added by Dunnbrian9 (talk • contribs) 06:47, 25 October 2011 (UTC)
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Statements in article do not apply to the Japan of today
editMany of the statements about Japan are anachronistic, applicable only to pre-1990 Japan. The keiretsu system has been greatly weakened in the past 30 years. Look up the major stockholders of any major keiretsu company, like Mitsubishi Electric. You will find that the top shareholders resemble those of any major US corporation, in that they tend to be the major financial firms. And the ownership is not contained within the keiretsu. For example, Japan Trustee Services Bank (not in the Mitsubishi keiretsu) is the #1 stockholder of Mitsubishi Materials, the # 2 stockholder of Mitsubishi Heavy Industries, and the # 3 stockholder of Mitsubishi Chemical. Also, current Tokyo Stock Exchange ownership is very similar to New York Stock Exchange ownership. Retirement money makes up the largest share. The only difference is that in Japan the defined benefit (pension) share of retirement money is larger than the defined contribution (401-k, IRA) share. Japan of the 60's and 70's might have been an example of collective capitalism, but not the Japan of today. --Westwind273 (talk) 23:14, 18 February 2019 (UTC)