More on Global Extended Families
Adam Bellow author of IN PRAISE OF NEPOTISM points out that by the 1820s, The Rothschilds had five brothers, each having a "nominally independent" company in five different countries.
England, France, Switzerland, Italy and Germany each had a branch of The House of Rothschild. Bellow points out: "Capital was often pooled and directed toward specific enterprises, or to bail a brother out of a scrape, as Nathan saved James during the Revolution of 1830 in France."
The Rothschild brothers exercised a disciplined global extended family capable of taking advantage of opportunity and dealing with adversity.
Of course, this discipline was instilled by a visionary family founder. This discipline arouse not from a middle class, nor did it rise from an aristocracy. No, the founder was from the humblest of beginnings. The family founder was from a Jewish ghetto in Frankfurt.
Might there be some humble men amongst us, bearing many sons, willing to instill in them, the habits of good sons?
England, France, Switzerland, Italy and Germany each had a branch of The House of Rothschild. Bellow points out: "Capital was often pooled and directed toward specific enterprises, or to bail a brother out of a scrape, as Nathan saved James during the Revolution of 1830 in France."
The Rothschild brothers exercised a disciplined global extended family capable of taking advantage of opportunity and dealing with adversity.
Of course, this discipline was instilled by a visionary family founder. This discipline arouse not from a middle class, nor did it rise from an aristocracy. No, the founder was from the humblest of beginnings. The family founder was from a Jewish ghetto in Frankfurt.
Might there be some humble men amongst us, bearing many sons, willing to instill in them, the habits of good sons?
posted by Dominic Siclare at 6:52 PM
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