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Episode 293 - What Goes Up, Part 4

History of Japan

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The Recruit Scandal: Unraveling Corruption in Japan's Political Economy

This chapter explores the Recruit Corporation's scandal from the 1980s, highlighting the corruption involving the gifting of shares to political figures. It examines the fallout from this event, including the erosion of public trust in Japan's political and business systems amidst a culture of gift-giving that blurred ethical boundaries.

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