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Download Keiretsu Economy--New Economy?: Japan's Multinational by R. Kensy PDF

By R. Kensy

This publication combines a theoretical learn of Japan's financial constructions and multinational organisations with an research of the modern multinational firm. Kensy assesses the price of the post-modern method of figuring out the recent economic climate, in addition to jap society and tradition. He analyses Japan's financial constitution, studying its equipment, recommendations, and leads to a postmodern context and surveys socio-economic improvement in Japan because the starting of Westernization. He examines jap types for the transformation of society sooner or later, with specific connection with the Keiretzu.

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Extra resources for Keiretsu Economy--New Economy?: Japan's Multinational Enterprises from a Postmodern Perspective

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This is the unfortunate reverse side of the coin and it shows that postmodern thinking is coping in vain with expansion of our knowledge base. 47,48 If viewed more positively, scientific findings and objectivity are no longer seen as absolute but rather as an attempt at clarification, in which science becomes a mesh or interdependent network. 50,51 In consequence, and as also postulated by Lyotard who echoed the argumentation put forward by Kuhn and Feyerabend, science in the postmodern era must focus on the following issues: indeterminables, controllability boundaries, quanta, conflicts produced by incomplete information, ‘fracta’, catastrophes and pragmatic paradoxes.

Equally, purely political analyses100 based on the strong interdependence between politics and economy fail to reach the heart of the argumentation present here. The social situation, everyday life and private life are also considered only where social processes are fundamental to the discussion. This would include, for example, the special significance of group processes in decision-making, the Confucian principle of seniority hierarchies or the extremely important concepts of ‘guilt’ and ‘duty’ (giri and on; Chapter 3, section IV), which, for the Japanese, play a central role in every aspect of life.

From this, we develop the concept of postmodern economic understanding, which is then provided, in a generalized form, as the working model for future work. 4 II APPROACHES TO THE POSTMODERN The aim of this chapter is to mark out the area which the term ‘postmodern’ wishes to address. It is, however, impossible to illuminate all areas thoroughly – this would be beyond the scope of the present work. If we were to attempt to capture the hundreds of separate opinions on postmodernity and postmodernism, we would completely destroy the possibility of obtaining any overview, since there would then be no coordinated starting point or generally accepted position from which to work through the individual disciplines, but only a discordant cacophony of babble.

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