Monday, 19 April 2010

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!

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