• UnderpantsWeevil@lemmy.world
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    8 months ago

    Japanese foreign investment has been depressingly geared towards American loot-and-scoot practices.

    Sapporo Beer’s acquisition of Anchor Steam Brewing Company is a great example. They took over a local institution that had been in operation for over a century and quite profitable for decades, then ran it into the ground within a few years (with help from COVID, but still…)

    • PP_BOY_@lemmy.world
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      8 months ago

      See: “only free market when it benefits the white 1%”

      You’re just describing capitalism, a system which everyone involved says they love and support.