3 ms·
"No boundary existed between work and life." I'm some senses, this is a story about an older way of doing things.. or a capitalism that has existed at a smalle
by dalbasal 8y ago
"No boundary existed between work and life."
I'm some senses, this is a story about an older way of doing things.. or a capitalism that has existed at a smaller scale alongside the I understand/liberal system we generally think of as capitalism (or socialism, really).
That is, things work by convention, affiliation and duty. They don't work through formal agreements, roles and contracts.
Family is a true economic unit, with productive capacity, credit potential and such. Affiliations with other families are important.
The ability of one hotelier family to assess an informal loan to another one... Its not necessarily worse than a Banks's.