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Japan's ruling party keeps majority in upper house election

Jul. 11, 2022 3:00 AM ETEWJ, JEQ, DXJ, FXYBy: Gaurav Batavia, SA News Editor2 Comments
  • Japan's ruling Liberal Democratic Party (LDP)-Komeito coalition secured 76 seats and retained majority in Japan’s upper house of parliament in elections on Sunday, just two days after the assassination of former Prime Minister Shinzo Abe.
  • The coalition party tallied 146

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Comments (2)

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"New capitalism" is just more socialism favoring loyal companies in exchange for future amakudari**. Japan gave up capitalism 40 years ago and has not looked back even in nostalgia.

** www.investopedia.com/...
Another Mountain's Rock Investing profile picture
@King Rat thought that was only for goverment workers not companies. Sure plenty of similar practices going on either way in the private sector.
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