J Peg

Collectivism in Family Companies

My earlier post flirted with the idea that socialism and capitalism can co-exist. All that is needed is a change of perspective. By accepting that successful co-existence is possible, we can then move forwards and design policy and systems that can be implemented successfully in the real world. Optimism here should be encouraged - and celebrated.

A good example of this is the family business. They've existed for centuries, if not millenia. The capitalistic approach of the business is counterbalanced by the socialistic approach of the family. This may seem like an oxymoron, but the model works, particularly in times of economic uncertainty.

Despite the occasional family argument, the model is another example that apparent opposites can work together quite well...afterall, no family is perfect!

Collectivism in PLCs

Contrary to anecdotal opinion, the PLC (public limited company) enshrines the essential principles of collectivism and, to a certain extent, socialism. To some, the foundations of the latter may seem antithetical to the capitalist purposes of the PLC. But just as the socialist favours collective behaviour for a greater purpose, so does the mechanics of the PLC, where a number of people (investors) gather together to empower the corporate machinery.

Afterall, apparent opposites aren't really diamtetrically opposed as some would argue...

See my earlier post on this by clicking here.

Bar Exam Strategies

The New York Bar exam is perhaps one of the most challenging exams I've ever taken. Luckily, I passed on my first try.

There are a number of ways you can study for the exam, but this article sums it up pretty well.

Good luck!