> I don't think you can do much when you lose front-wheel traction
Sure you can. A tire, any tire on any axle, will start to slide iff you're asking it to do too much work vs. the available traction. That's it. You can always do one (or both) of two things: ask the tire to do less, or increase the traction available to it. You have controls available to change both of these variables (steering and throttle).
Accelerating transfers weight to the rear wheels and lifting off the throttle (deceleration) transfers weight to the front wheels. The steering controls how much work you're asking the front wheels to do.
Once you grok this, it follows that RWD is easier and more controllable at the limit of traction due to separation of controls. The steering controls front traction and the throttle controls rear traction (but I'm simplifying, as the throttle also controls weight transfer thus traction on both axles). In FWD cars you have less fine-grained control since the throttle and steering are both using up traction of the front axle and the rear wheels are merely along for the ride. In a RWD car you can steer with the throttle without changing steering wheel angle.
All of this is car control 101. Which I wish was taught in the US as a prerequisite for getting a drivers license but sadly it is not, so approximately nobody has any experience in how to control a car when traction is less than optimal (rain, snow, oil on the street, etc.)
I urge everyone who drives to take a few car control courses to learn these basics. It can save your life, or the life of others, or maybe just some car repair bills. Totally worth it.
You can reason about the physics when reading about it online but there is no way to train your muscle memory to do the right thing other than by actually spending time practicing these skills in the real world, ideally with a car control instructor next to you.