Identity & Culture1 book · 2 highlights
Honest Baron Premium in Corrupt Markets
Books Teaching This Pattern
Evidence
The Russian Rockefellers
Tolf, Robert W.; · 2 highlights
“It was commonly said in Russia that among the two hundred oil barons of Baku only ten were honest: Nobel, an Armenian, and eight Moslems.”
“They abolished child labor and shortened work hours, while establishing workers’ savings banks and a system of regular wage payments without resort to the standard and iniquitous system of fines for real or imagined transgressions. Their fifty thousand workers felt a special loyalty and pride in being identified as “Nobelites.””
Related Patterns
Signature MoveEmanuel: Bargain with Giants Then Flee Disguised as a PeasantStrategic PatternPrimitive Land as Blank Canvas AdvantageRisk DoctrineExile as the Final Balance Sheet EntryCompetitive AdvantageFirst-Mover Fleet as Market Lock-InSignature MoveLudwig: Build Everything Before Anyone Knows They Need ItSignature MoveImmanuel: Weaponsmith Who Warmed Russia First