Nepotism: What is it good for? Absolutely Nothing

Cancel culture is turning on celebrities whose children followed their footsteps- through the door. 
How is that different in everyday business? 
Would you hook a friend up with a job?
Would you take over the family business?
Does skill play a part anymore or is it all in who you know?
Or is this a case of: If you’re in someone else’s business, who is minding yours?