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patrimonial capitalism
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NYC Gets New Tower Full of Diamonds
The story of the Gulaylar Group brings to mind the patrimonial capitalism of the Gilded Age, when the helms of industries were passed down the family line. The nearly 80-year-old Turkish conglomerate headed by Mehmet Gulay, son of the founder Ishan, for more than six decades, is showing no signs of slowing down.
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NYC Gets New Tower Full of Diamonds
The story of the Gulaylar Group brings to mind the patrimonial capitalism of the Gilded Age, when the helms of industries were passed down the family line. The nearly 80-year-old Turkish conglomerate headed by Mehmet Gulay, son of the founder Ishan, for more than six decades, is showing no signs of slowing down.
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