The Remnant with Jonah Goldberg The Mom and Pop School of Business
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Mar 13, 2025 Kevin Williamson hosts a captivating discussion with Devin DeCiantis and Yvonne Landsberg, co-authors of "The Enduring Enterprise." They delve into the resilience of family businesses and their unique strategies for thriving in turbulent times. The conversation touches on crony capitalism, the ethical responsibilities tied to family names, and the impact of social change on business practices. They also explore the dynamics of family enterprises in frontier economies and the importance of adapting to evolving economic landscapes.
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Learning from Family Businesses
- Large and small businesses in advanced economies can learn from family businesses.
- Family businesses in frontier economies have developed effective approaches for managing turbulence.
Frontier Economies and Trust
- Frontier economies are characterized by low trust, making relationships crucial.
- Family businesses thrive in these environments due to their unique approaches to navigating uncertainty.
Two Sides of Crony Capitalism
- Crony capitalism has parasitic and mutualistic forms.
- The parasitic form is extractive, while the mutualistic form aims for social benefits.
