Friday, February 4th, 2011
The U.S. is not the only country with a revolving-door problem. In
Japan, the problem is deeply institutionalized. It is as much a part of
the retirement system as pensions.
But the Japanese name for the revolving door shows that not only does
the system work in a different
manner than ours, but that the Japanese have a different opinion of the
relative value of government and business. The name is amakudari, which means "descent
from heaven," the way Shinto gods used to...