Word: dynasticism
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There's an undeniably romantic allure to the notion that India's election result marks the ordained resurrection of the Nehru-Gandhi political dynasty. Its improbable return to power, atop a messy and probably fragile coalition of the Congress Party was led by Sonia Gandhi, the Italian-born widow of...
“The media failed to grapple with the dynastic aspects of the 41st and 43rd presidencies together,” he said. “I still come up with the sense that the media cannot rise to a larger occasion.”
A little background illustrates the hollowness of this promise. The dynastic enterprise known as the Democratic People's Republic of Korea (D.P.R.K.) has been open for business since 1948, and for most of that time it's been building, and gaming, its nuclear program. Long ago, Kim & Co. figured out...
It worked. Lu, 32, is CEO of Dad's firm, Wanxiang Group. He is expected one day to take his father's position atop the board in what would be the first dynastic succession in a major Chinese firm. Wanxiang supplies the makers of most passenger cars in China and...
In some ways, Noel Tata is an unlikely candidate to take over the Tata Group, India's most famous business conglomerate, which sells everything from steel to information-technology consulting to coffee and tea. The 46-year-old heads Trent, the group's retail unit, which had $27 million in...