«More than 90% of the world’s businesses are family-managed or -controlled, including some of the biggest […] The New York Times reckons that the son of a governor is 6,000 times more likely than the average American male baby-boomer to become a governor himself, and the son of a senator is 8,500 times more likely to become a senator.»
“AS A democracy the United States ought presumably to be able to dispense with dynastic families,” wrote Arthur Schlesinger junior, one of America’s best-known…
economist.com