Think of any period in human history when empires and imperialism were common features of society, whether from ancient Egypt, Rome, China, to the Ottomans and the rise of the European and Japanese empires. There is an institution that – with few exceptions – was prevalent across most imperial societies: the family dynasty. In a world dominated by institutions – organized hierarchically and embedded with their own functions and ideologies – the ‘family unit’ is very often the first and most important institution in the development of individuals. For the rich and powerful, the family unit has been the principal institution through which power is accumulated, preserved and propagated, precisely because the interest is multi-generational, requiring long-term planning and strategy.
Meet the new aristocracy of wealth and power. It's already here and it's going global. Piketty doesn't have to wait to see. Just peek under the covers.
Boiling Frogs Post
Globalization’s ‘Game of Thrones’, Part 1: Dynastic Power in the Modern World
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Globalization’s Game of Thrones- Part II: Managing the Wealth of the World’s Dynasties
Andrew Gavin Marshall | Project Manager of The People’s Book Project
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