I don‘t know how to remove a post to a different thread. Turkish Economy & Updates would be a appropriate place. Very interested in Turkish conglomerates and owner dynasties.
Afaik Sabanci and Koç Holdings stem from traditional entrepreneurs families who grew into their modern forms in the 60s and expanded successfully into diverse branches of economy.
State-funded Korean chaebols like Posco and Korea Telecom were later privatized, or subsidiaries of failed Daewoo Group were taken over by state-owned funds and banks in the aftermath of the Asian Financial Crisis. How and why is the Turkish government building its own „chaebols“?
Turkish Caebols even existed in Ottoman times and continued well into the Turkish Republic.
Difference between them most Chaebols in Ottoman times come from Greek, Armenian, Jewish and Levantine(Italians) heritage. While the Turkish republic all hail from Turkish backgrounds like Sabanci and Koc.
I think most users would explain how some families with their wealth can influence the country.
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