William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."
President Moon must act to finally take the chaebol down a few pegs

Moon Jae-in appears to be avoiding disrupting the status quo out of fear of how it might play politically. © Reuters
William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."