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Yoo Jae-yong: Why are we obsessed with hereditary succession?

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Description

While the President, representing the government, is replaced every five years, the heads of chaebols, representing the business world, lead our economy even as their leadership continues for up to four generations. It is a highly unique phenomenon found only in Korea that the fate of a nation is determined by those who inherited their positions through family businesses, rather than those who rose to their posts through merit. Why are our companies managed differently from those in developed countries? Is this our strength or weakness? Above all, can we escape the current stagnation with such a system? Yoo Jae-yong, an economics specialist and editorial writer for MBC, explains his long-held concerns regarding hereditary succession and offers alternatives through lighthearted examples rather than dry economic terminology.

Korean title: 우리는 왜 세습에 열중하는가

Korean author: 유재용

Korean publisher: 나남

ISBN-13: 9788930040075

Reviews

5.0
Based on 3 reviews
SS***
November 28, 2019

I think about why hereditary succession is a problem.

JB****
August 22, 2019

It effectively pointed out the problem of hereditary succession in Korea's chaebols using concise and clear language.

JB****
August 1, 2019

The author's philosophy and broad insights are well captured in an easy-to-understand manner.

유재용: 우리는 왜 세습에 열중하는가
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