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A gifted producer or seller of chairs need not have capital in order to start a business. When it runs well, both profit, and the capitalist system achieves its goals. Our system of capitalism has been less successful when the company does not run well. As some of America's most visible, powerful, and successful companies began to slide, they demonstrated an all-but fatal weakness in the ability of our system to react in time to prevent disaster. Managers and directors at companies like IBM, General Motors, and Sears took their success--and their customers--for granted. They took their investors for granted, too, until it was almost too late...
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Common topics in this essay:
- Mr. Sears’ Catalogue
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- Sears/Kmart Merger Case Study
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- Sears Holdings Corporation; Kmart And Sears As One
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- Sears Vs. Walmart
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