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zaibatsu
[ zahy-bah-tsoo ]
noun
- a large industrial or financial conglomerate of Japan.
zaibatsu
/ ˈzaɪbætˈsuː /
noun
- functioning as singular or plural the group or combine comprising a few wealthy families that controls industry, business, and finance in Japan
Word History and Origins
Origin of zaibatsu1
Word History and Origins
Origin of zaibatsu1
Example Sentences
American civilians attached to the Supreme Command of Allied Powers carried out land reform; empowered workers and women; broke up the zaibatsu, the powerful industrial-banking combinations that had dominated the Japanese economy; and decentralized political power.
Some of Japan’s biggest, wealthiest companies originated in industrial groups called “zaibatsu,” that relied on forced labor, especially during wartime, when labor was scarce because so many adult men were away fighting.
Some of Japan’s biggest, wealthiest companies originated in industrial groups called “zaibatsu,” that relied on forced labor, especially during wartime, when labor was scarce because so many adult men were away fighting.
And that’s actually really similar to the Japanese zaibatsu model from the prewar times, which I find really interesting.
In Japan, you have the zaibatsu from the war era, and Samsung was essentially modeled on that idea of this God-like corporate leader who has this top-down vision that he sends down to all the executives.
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