Prentice, M.M. orcid.org/0000-0003-2981-7850 (2021) Dynastic aura : proximity to the powerful and its promise in corporate South Korea. Critique of Anthropology, 41 (3). pp. 247-266. ISSN 0308-275X
Abstract
This article discusses the experiences of high-level managers at a South Korean conglomerate named ‘Sangdo’ who worked within the corporate group’s head office under the owner-executive family. These highly credentialled professionals were attracted to the idea of working directly under or alongside an elite, wealthy corporate dynasty who both owned the conglomerate and were its top executives. Rather than seeing this as a site of inherent conflict between the familial and the professional, I describe how the idea of working alongside and for such elites was enhanced by a ‘dynastic aura’. Through the concept of dynastic aura, I highlight how, in South Korea, families that own business groups are objects of public fascination, particularly as indicators of the future of the economy. In the context of Sangdo, I describe how managers were drawn to the potential of working with a new generation of Sangdo ownership, who sought to centralize and systematize expertise within a holding company. I show how this aura figuratively wore off for managers as they came to understand that ownership was just as entangled in the corporate form – not necessarily above or outside of it – as they were. The article highlights how certain aspects of kinship (such as dynasties and generational succession) still animate capitalist labour, even for non-family members. Additionally, the article calls attention to the way that actors engage with and understand powerful actors in their own right, going beyond accounts of anthropologists’ own direct encounters with the powerful.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2021 The Author(s). This article is distributed under the terms of the Creative Commons Attribution-NonCommercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission provided the original work is attributed as specified on the SAGE and Open Access pages (https://us.sagepub.com/en-us/nam/open-access-at-sage). |
Keywords: | Corporations; kinship; management; ownership; South Korea |
Dates: |
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Institution: | The University of Sheffield |
Academic Units: | The University of Sheffield > Faculty of Social Sciences (Sheffield) > School of East Asian Studies (Sheffield) |
Depositing User: | Symplectic Sheffield |
Date Deposited: | 27 Aug 2021 11:07 |
Last Modified: | 27 Aug 2021 11:07 |
Status: | Published |
Publisher: | SAGE Publications |
Refereed: | Yes |
Identification Number: | 10.1177/0308275x211038606 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:177535 |