Titans Of Industry Quotes

Mr. Constant," he said, "right now you’re as easy for the Bureau of Internal Revenue to watch as a man on a street corner selling apples and pears. But just imagine how hard you would be to watch if you had a whole office building jammed to the rafters with industrial bureaucrats—men who lose things and use the wrong forms and create new forms and demand everything in quintuplicate, and who understand perhaps a third of what is said to them; who habitually give misleading answers in order to gain time in which to think, who make decisions only when forced to, and who then cover their tracks; who make perfectly honest mistakes in addition and subtraction, who call meetings whenever they feel lonely, who write memos whenever they feel unloved; men who never throw anything away unless they think it could get them fired. A single industrial bureaucrat, if he is sufficiently vital and nervous, should be able to create a ton of meaningless papers a year for the Bureau of Internal Revenue to examine.

Since I and so many brave survivors have come forward, titans of every industry have toppled. We survivors have gained our power. We survivors are using our voices in record numbers. We cannot let up, and as hard as it is, we must continue to get even louder, to push even harder. We all count. We all matter. Here’s to freedom, yours and mine. Now go breathe fire.

But even the men who didn’t partake of the favors Epstein offered could see the naked photos on his walls and the naked girls on his islands or by his swimming pools. Epstein not only didn’t hide what was happening, he took a certain glee in making people watch. Because he could. And people did watch—scientists, fundraisers from the Ivy League and other heralded institutions, titans of industry. They watched and they didn’t care.

There needs to be an intersection of the set of people who wish to go, and the set of people who can afford to go...and that intersection of sets has to be enough to establish a self-sustaining civilisation. My rough guess is that for a half-million dollars, there are enough people that could afford to go and would want to go. But it’s not going to be a vacation jaunt. It’s going to be saving up all your money and selling all your stuff, like when people moved to the early American colonies...even at a million people you’re assuming an incredible amount of productivity per person, because you would need to recreate the entire industrial base on Mars. You would need to mine and refine all of these different materials, in a much more difficult environment than Earth. There would be no trees growing. There would be no oxygen or nitrogen that are just there. No oil.Excluding organic growth, if you could take 100 people at a time, you would need 10,000 trips to get to a million people. But you would also need a lot of cargo to support those people. In fact, your cargo to person ratio is going to be quite high. It would probably be 10 cargo trips for every human trip, so more like 100,000 trips. And we’re talking 100,000 trips of a giant spaceship...If we can establish a Mars colony, we can almost certainly colonise the whole Solar System, because we’ll have created a strong economic forcing function for the improvement of space travel. We’ll go to the moons of Jupiter, at least some of the outer ones for sure, and probably Titan on Saturn, and the asteroids. Once we have that forcing function, and an Earth-to-Mars economy, we’ll cover the whole Solar System. But the key is that we have to make the Mars thing work. If we’re going to have any chance of sending stuff to other star systems, we need to be laser-focused on becoming a multi-planet civilisation. That’s the next step.

I’d been called a genius and a game-changer, a harbinger of the future and a once-in-a-generation mind. I’d walked in the halls of power, met with titans of industry, had my name mentioned in the same sentence as historical figures. Yet holding this woman was the greatest honor of my life. I was losing my once-in-a-generation mind. King of Code CD Reiss

There are no voice pipes or telegraphs, as Titanic had, and barely any brass, but so many beeps and screens that I wonder if ships will soon be able to drive themselves.

Over the last decades, the travel industry and media have unwittingly teamed up to create the gap this book aspires to fill. I read a lot of travel sections, travel sites, and travel magazines, and I realized one day I was getting punch-drunk on how fantastic everything was. There s just so much Escape, Undiscovered, Quaint, Top 10 Most Amazing . . . , Secret Beaches, Incredible Islands, Savvy, Frugal, Best Ever. These adjectives just don t connect with most of my experiences on the road life, misadventure, and a dose of Murphy s Law often get in the way.

The obsessed are the industry builders, disrupters, titans, game changers, and living legends others admire and wish to emulate. The obsessed don’t just make the world go around. They make the world worth living in.

Before long, the policy of putting quotas on oranges went from bad to worse. A Navel Orange Administrative Committee created by the Department of Agriculture began setting the policy, and Sunkist, a titan in the orange industry, was given outsized influence over the committee.

But just imagine how hard you would be to watch if you had a whole office building jammed to the rafters with industrial bureaucrats—men who lose things and use the wrong forms and create new forms and demand everything in quintuplicate, and who understand perhaps a third of what is said to them; who habitually give misleading answers in order to gain time in which to think, who make decisions only when forced to, and who then cover their tracks; who make perfectly honest mistakes in addition and subtraction, who call meetings whenever they feel lonely, who write memos whenever they feel unloved; men who never throw anything away unless they think it could get them fired. A single industrial bureaucrat, if he is sufficiently vital and nervous, should be able to create a ton of meaningless papers a year for the Bureau of Internal Revenue to examine.

His father's last word, which Sean had never told anyone, not even his mother, hadn't been goodbye: it had been hello. He hadn't died; he'd been set free from the constraints of history and flesh. And while the fathers of other children could only be the people they were, and were forced to live the lives they'd made for themselves, the Philip Steiner of his son's daydreams was all the possible versions of himself that Sean could imagine. He was always near, always ready to listen, always offering solace. He was all the possible fathers. He was a dragonslayer and a titan of industry; he was a cunning detective and a grizzled gunfighter; he was an astronaut and a priest and a jailer of thieves. He lived in the shadows, and he filled his son's world with light.

industrial bureaucrats—men who lose things and use the wrong forms and create new forms and demand everything in quintuplicate, and who understand perhaps a third of what is said to them; who habitually give misleading answers in order to gain time in which to think, who make decisions only when forced to, and who then cover their tracks; who make perfectly honest mistakes in addition and subtraction, who call meetings whenever they feel lonely, who write memos whenever they feel unloved; men who never throw anything away unless they think it could get them fired.

Mr. Constant,” he said, “right now you’re as easy for the Bureau of Internal Revenue to watch as a man on a street corner selling apples and pears. But just imagine how hard you would be to watch if you had a whole office building jammed to the rafters with industrial bureaucrats—men who lose things and use the wrong forms and create new forms and demand everything in quintuplicate, and who understand perhaps a third of what is said to them; who habitually give misleading answers in order to gain time in which to think, who make decisions only when forced to, and who then cover their tracks; who make perfectly honest mistakes in addition and subtraction, who call meetings whenever they feel lonely, who write memos whenever they feel unloved; men who never throw anything away unless they think it could get them fired. A single industrial bureaucrat, if he is sufficiently vital and nervous, should be able to create a ton of meaningless papers a year for the Bureau of Internal Revenue to examine. In the Magnum Opus Building, we will have thousands of them! And you and I can have the top two stories, and you can go on keeping track of what’s really going on the way you do now.

This is the apotheosis of capitalism, the divine sanction of the free market, of unhindered profit and the most rapacious cruelties of globalization. Corporations, rapidly turning America into an oligarchy, have little interest in Christian ethics, or anybody’s ethics. They know what they have to do, as the titans of the industry remind us, for their stockholders. They are content to increase profit at the expense of those who demand fair wages, health benefits, safe working conditions and pensions. This new oligarchic class is creating a global marketplace where all workers, to compete, will have to become like workers in dictatorships such as China: denied rights, their wages dictated to them by the state, and forbidden from organizing or striking. America once attempted to pull workers abroad up to American levels, to foster the building of foreign labor unions, to challenge the abuse of workers in factories that flood the American market with cheap goods. But this new class seeks to reduce the American working class to the levels of this global serfdom. After all, anything that drains corporate coffers is a loss of freedom—the God-given American freedom to exploit other human beings to make money. The marriage of this gospel of prosperity with raw, global capitalism, and the flaunting of the wealth and privilege it brings, are supposedly blessed and championed by Jesus Christ. Compassion is relegated to private, individual acts of charity or left to churches. The callousness of the ideology, the notion that it in any way reflects the message of the gospels, which were preoccupied with the poor and the outcasts, illustrates how the new class has twisted Christian scripture to serve America’s god of capitalism and discredited the Enlightenment values we once prized. The

Let's imagine... if you glimpsed the future, you were frightened by what you saw, what would you do with that information? You would go to... the politicians, captains of industry? And how would you convince them? Data? Facts? Good luck! The only facts they won't challenge are the ones that keep the wheels greased and the dollars rolling in. But what if... what if there was a way of skipping the middle man and putting the critical news directly into everyone's head? The probability of wide-spread annihilation kept going up. The only way to stop it was to show it. To scare people straight. Because, what reasonable human being wouldn't be galvanized by the potential destruction of everything they've ever known or loved? To save civilization, I would show its collapse. But, how do you think this vision was received? How do you think people responded to the prospect of imminent doom? They gobbled it up like a chocolate eclair! They didn't fear their demise, they re-packaged it. It could be enjoyed as video-games, as TV shows, books, movies, the entire world wholeheartedly embraced the apocalypse and sprinted towards it with gleeful abandon. Meanwhile, your Earth was crumbling all around you. You've got simultaneous epidemics of obesity and starvation. Explain that one! Bees and butterflies start to disappear, the glaciers melt, algae blooms. All around you the coal mine canaries are dropping dead and you won't take the hint! In every moment there's the possibility of a better future, but you people won't believe it. And because you won't believe it you won't do what is necessary to make it a reality. So, you dwell on this terrible future. You resign yourselves to it for one reason, because *that* future does not ask anything of you today. So yes, we saw the iceberg and warned the Titanic. But you all just steered for it anyway, full steam ahead. Why? Because you want to sink! You gave up!

As with industrial methods, Rockefeller broke down cycling into its component parts then perfected each movement.

Andrew Carnegie. Titan of industry. Richer than Rockefeller. More generous too . . . But, look, he’s an old man. What’s he got left? Another decade? Maybe a bit more? Yet every single piece of Carnegie steel in every railroad across this country will be there long after him. This hall, built with spare change, will be standing when he is six feet under the earth. That’s why he built it. So his name will live long into the future. This is what the rich do. Once they know they can survive comfortably and their children can survive comfortably they set about working on their legacy. Such a sadness to that word, don’t you think? Legacy. What a meaningless thing. All that work for a future in which they don’t appear. And what is legacy, Mr Hazard? What is legacy but the most empty and mediocre substitute for what we have. Steel and money and fancy concert halls don’t give you immortality.

I nodded, recalling the conversation I’d had with Václav Havel during my visit to Prague and his warning about the rising tide of illiberalism in Europe. If globalization and a historic economic crisis were fueling these trends in relatively wealthy nations—if I was seeing it even in the United States with the Tea Party—how could India be immune? For the truth was that despite the resilience of its democracy and its impressive recent economic performance, India still bore little resemblance to the egalitarian, peaceful, and sustainable society Gandhi had envisioned. Across the country, millions continued to live in squalor, trapped in sunbaked villages or labyrinthine slums, even as the titans of Indian industry enjoyed lifestyles that the rajas and moguls of old would have envied. Violence, both public and private, remained an all-too-pervasive part of Indian life. Expressing hostility toward Pakistan was still the quickest route to national unity, with many Indians taking great pride in the knowledge that their country had developed a nuclear weapons program to match Pakistan’s, untroubled by the fact that a single miscalculation by either side could risk regional annihilation.

In uncertain times, Mr. President,” the prime minister said, “the call of religious and ethnic solidarity can be intoxicating. And it’s not so hard for politicians to exploit that, in India or anywhere else.” I nodded, recalling the conversation I’d had with Václav Havel during my visit to Prague and his warning about the rising tide of illiberalism in Europe. If globalization and a historic economic crisis were fueling these trends in relatively wealthy nations—if I was seeing it even in the United States with the Tea Party—how could India be immune? For the truth was that despite the resilience of its democracy and its impressive recent economic performance, India still bore little resemblance to the egalitarian, peaceful, and sustainable society Gandhi had envisioned. Across the country, millions continued to live in squalor, trapped in sunbaked villages or labyrinthine slums, even as the titans of Indian industry enjoyed lifestyles that the rajas and moguls of old would have envied. Violence, both public and private, remained an all-too-pervasive part of Indian life. Expressing hostility toward Pakistan was still the quickest route to national unity, with many Indians taking great pride in the knowledge that their country “had developed a nuclear weapons program to match Pakistan’s, untroubled by the fact that a single miscalculation by either side could risk regional annihilation.

The spinning works of the Northeast and Europe demanded huge quantities of cotton. To supply this world market, the South had clung to slave-based agriculture—at a time when it should have been developing its own industrial base. The refusal to acknowledge the need for change was more than saddening. It was disastrous.

Graceland is, in many ways, Chicago’s memory. The graves there mark the resting places of titans of industry, holy men, gangsters, politicians, near saints, and madmen and murderers. Tales of tragedy, of vast hubris, of bitter greed and steadfast love, are represented in the markers that stand over the graves of thousands.

The tools and built environments of hair salons and the platforms powering the airline industry are examples of something called Conway’s law, which says that in absence of stated rules and instructions, the choices teams make tend to reflect the implicit values of their tribe.

Here’s the precious little secret that the titans of industry, the standout performers of artistry and the ultra-achievers of humanity will never share with you: gargantuan results are much less about your inherited genetics and far more about your daily habits. And your morning ritual is by far the most essential one to calibrate.

Titan was an acronym for Tata Industries and Tamil Nadu: “T” and “I” for Tata Industries and “TAN” for Tamil Nadu. And so, finally and adventitiously, this long-gestated venture came to see the light of day,’ elaborated Xerxes.

In America, the Titanic is often described as a cross-section of the Gilded Age, an era of rapid industrialization and wealth creation in the United States that began in the 1870s and ended with the introduction of income taxes in 1913 and the outbreak of World War I the following year.

A mere builder of more industrial plants, a creator of more railroad systems, an organizer of more corporations, is as likely to be a danger as a help. The day of the great promoter or the financial Titan, to whom we granted anything if only he would build, or develop, is over. Our task now is not discovery or exploitation of natural resources, or necessarily producing more goods. It is the soberer, less dramatic business of administering resources…of distributing wealth and products more equitably, of adapting existing economic organizations to the service of the people. If

Months before his Davos debut, Xi had struck a different tone in a speech to Chinese tech titans and Communist Party leaders in Beijing for a conference on “cyber security and informatization.” To an audience that included Huawei founder Ren Zhengfei, Alibaba CEO Jack Ma, high-profile People’s Liberation Army (PLA) researchers, and most of China’s political elite, Xi exhorted China to focus on “gaining breakthroughs in core technology as quickly as possible.” Above all, “core technology” meant semiconductors. Xi didn’t call for a trade war, but his vision didn’t sound like trade peace, either. “We must promote strong alliances and attack strategic passes in a coordinated manner. We must assault the fortifications of core technology research and development…. We must not only call forth the assault, we must also sound the call for assembly, which means that we must concentrate the most powerful forces to act together, compose shock brigades and special forces to storm the passes.” Donald Trump, it turned out, wasn’t the only world leader who mixed martial metaphors with economic policy. The chip industry faced an organized assault by the world’s second-largest economy and the one-party state that ruled it.

Finally, early in March 1912, a delegation from the union waited upon Bruce Ismay. As Managing Director of the White Star Line, Ismay was a mover and shaker in the British shipping industry, and maybe he could be persuaded to do something. The great Olympic was about to sail from Southampton, and the delegation pointed out that her five-man band was being paid at less than union scale, supplemented only by the monthly shilling that White Star paid to make them officially members of the crew. If the delegation expected to melt Ismay’s heart, they didn’t know their man. He replied that if the union objected to White Star carrying its bandsmen as members of the crew at a shilling a month, the company would carry them as passengers. Sure enough, when the Olympic reached New York on March 20, her five musicians were listed as Second Class passengers. All had regular tickets, and all had to appear before the immigration officials in the usual way. As a crowning irony in view of the reason for this masquerade, all had to produce $50 in cash to show that they were not destitute.

All journalists stand on the shoulders of giants, whether they admit it or not. In many cases, my book was vastly enhanced by the superlative work of other journalists, writers, and financial historians, who have themselves explored some of the subjects and themes I have tried to knit together in one sweeping narrative. Peter Bernstein is a huge inspiration, and his books were of tremendous help for some of the earlier chapters, as was Colin Read’s The Efficient Market Hypothesists. Lewis Braham’s biography of Jack Bogle is essential reading for anyone interested in the tumultuous life of Vanguard’s founder. Ralph Lehman’s The Elusive Trade was exhaustively detailed on the genesis of ETFs, and Anthony Bianco’s The Big Lie vividly tells the story of WFIA/BGI in the Pattie Dunn era. I have also learned an enormous amount from working with or admiring from afar financial journalists like John Authers, Gillian Tett, James Mackintosh, Philip Coggan, and Jason Zweig, as well as industry experts such as Deborah Fuhr, Ben Johnson, Eric Balchunas, and David Nadig. They are all titans upon whose shoulders I nervously perch.

As for Rockefeller and Standard Oil, they had made a terrible investment. Not that it mattered, but it’s not clear whether the company even got its money back. Attorney General Philander Cox, who had heard Roosevelt dictate the letter to Cortelyou, told him, “Why, Mr. President, the money has been spent. They cannot pay it back—they haven’t got it.” Roosevelt, who did not care if the truth got in the way of his PR efforts, responded, “Well, the letter will look well on the record, anyhow.

Mr. Constant," he said, "right now you’re as easy for the Bureau of Internal Revenue to watch as a man on a street corner selling apples and pears. But just imagine how hard you would be to watch if you had a whole office building jammed to the rafters with industrial bureaucrats—men who lose things and use the wrong forms and create new forms and demand everything in quintuplicate, and who understand perhaps a third of what is said to them; who habitually give misleading answers in order to gain time in which to think, who make decisions only when forced to, and who then cover their tracks; who make perfectly honest mistakes in addition and subtraction, who call meetings whenever they feel lonely, who write memos whenever they feel unloved; men who never throw anything away unless they think it could get them fired. A single industrial bureaucrat, if he is sufficiently vital and nervous, should be able to create a ton of meaningless papers a year for the Bureau of Internal Revenue to examine. In the Magnum Opus Building, we will have thousands of them! And you and I can have the top two stories, and you can go on keeping track of what’s really going on the way you do now." He looked around the room. "How do you keep track now, by the way— writing with a burnt match on the margins of a telephone directory?

The first big lesson that Corey learned about his new boss was that Donald Trump practically lived on his phone, a big black landline at the left-hand corner of his desk. In the early days, every time Corey walked into Trump’s office, he seemed to be on the phone with some titan of industry or celebrity. One day early on when he walked in, Trump was on the phone with former president Bill Clinton, having a lengthy conversation with him. Trump also used the phone to manage his organization. The lesson was that if you worked for Donald Trump, you better have your phone on, because he was going to call.

The success of these projects and others like them is thanks to developers. The millions of programmers across the world who use, develop, improve, document, and rely upon open source are the main reason it’s relevant, and the main reason it continues to grow. In return for this support, open source has set those developers free from traditional procurement. Forever. Financial constraints that once served as a barrier to entry in software not only throttled the rate and pace of innovation in the industry, they ensured that organizational developers were a subservient class at best, a cost center at worst. With the rise of open source, however, developers could for the first time assemble an infrastructure from the same pieces that industry titans like Google used to build their businesses  —  only at no cost, without seeking permission from anyone. For the first time, developers could route around traditional procurement with ease. With usage thus effectively decoupled from commercial licensing, patterns of technology adoption began to shift.

In time, the government redefined the rules of the capitalist game to tame trusts and preserve competition, but as John D. Rockefeller set about building his fortune, the absence of clear-cut rules probably aided, at first, the creative vigor of the new industrial economy.

CLEAR THINKERS REQUIRED Tom Donohue, president and CEO of the three-million-member-strong U.S. Chamber of Commerce, organizes very popular small dinners and invites a wide variety of guests. The express purpose is the exchange of ideas. Tom brings together twenty titans of industry and empowers each with just one minute to talk on a key issue. Then Tom makes his summation. He connects all the dots in a masterful fashion, tying together what everyone has said. Chamber board member Barry Appleton says, “It is this distilled knowledge of clear and concise thinking that is the magic that keeps everyone coming back for more.

Ego is a great thing in business. You show me a titan of industry and I'll show you somebody with a big ego.

He was a financial titan who had built a powerful and lucrative investment firm before a lengthy ban from the securities industry for insider trading and a short prison sentence ended his career. He emerged from incarceration to devote the rest of his life to philanthropy and politics, a transformation that did not convince some of his critics. He was perhaps not the ideal role model, but his advice was always crisp and helpful to recall at the right moment.

It was the “parent of the great monopolies which at present masquerade under the new-found name of ‘Trusts,’ ” said one newspaper, and it served as shorthand for the new agglomerations of economic power. A business system based on individual enterprise was creating combinations of monstrous size that seemed to threaten that individualism. And modern industry not only menaced small-scale commerce but appeared to constitute a sinister despotism that endangered democracy itself as giant corporations overshadowed government as the most dynamic force in American society.

While he was still in his twenties, the Civil War had converted Rockefeller into a wealthy man, giving him the funds to capitalize on a new industry

Rockefeller’s overwhelming influence on the oil industry stemmed from the conflict between his overmastering need for order and the turbulent, unruly nature of the infant industry.

Before too long, he realized that refining was the critical point where he could exert maximum leverage over the industry.

For Archbold, it was the Russians’ failure to consolidate their domestic industry—that is, to suppress competition and establish a trust—that consigned them to secondary status.

If there had been as prompt and energetic action on the part of the Russian oil industry as was taken by the Standard Oil Company, the Russians would have dominated many of the world’s markets

Although this effort flourished, the resulting business still didn’t equal the scale of the kerosene industry

Rockefeller embarked on a buying binge such as the industry had never seen.

Rockefeller cited the years 1869 and 1870 as the start of his campaign to replace competition with cooperation in the industry.

To devise a comprehensive solution for the industry, Rockefeller again needed money: money to create economies of scale, money to build cash reserves to endure downturns, money to heighten efficiency.

Rockefeller’s supreme insight was that he could solve the oil industry’s problems by solving the railroads’ problems at the same time, creating a double cartel in oil and rails.

but as John D. Rockefeller set about building his fortune, the absence of clear-cut rules probably aided, at first, the creative vigor of the new industrial economy.

Perhaps no other American industry had such an export outlook from its inception.

Reasonably generous in wages, salaries, and pensions, he paid somewhat above the industry average.

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Michael Bonsignore, a 30-year veteran of Honeywell, succeeded Bossidy and tried to integrate the two organizations, but he made little headway. People considered themselves either Honeywell or Allied employees, and they strongly disliked each other. Honeywell viewed AlliedSignal as arrogant, while AlliedSignal saw Honeywell folks as soft and lazy.

When they clean out a man’s memory on this place called Mars, they don’t really clean it completely. They just clean out the middle of it, sort of. They always leave a lot of stuff in the corners. There is a story around about how they tried cleaning out a few memories completely. The poor people who had that done to them couldn’t walk, couldn’t talk, couldn’t do anything. The only thing anybody could think of to do with them was to housebreak them, teach them a basic vocabulary of a thousand words, and give them jobs in military or industrial public relations.

The Atlantic is the classic ocean of our imaginings, an industrial ocean of cold and iron and salt, a purposeful ocean of sea-lanes and docksides and fisheries, an ocean alive with squadrons of steadily moving ships above, with unimaginable volumes of mysterious marine abundance below.

The spinning works of the Northeast and Europe demanded huge quantities of cotton. To supply this world market, the South had clung to slave-based agriculture—at a time when it should have been developing its own industrial base.

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The elevators spurred the construction of skyscrapers, which increased the density of the crowds, particularly in the business districts. It also cast them in perpetual darkness. The “street canyons” of Lower Manhattan dwarfed the old urban scale, reducing the striding industrial titans to scampering moles.

had approximately ten operational nuclear warheads. Two months earlier Lanphier had argued before Congress that if Convair had been allowed to start building Atlas missiles in 1957 it would have four hundred of them by now. One month before the shoot-down he made a specific plea for an order for one hundred Atlases and twenty Titans. After May 1, he never had to plead again. A contract with Convair was signed and by 1963 the Air Force’s Strategic Air Command had thirteen Atlas missile squadrons with one hundred thirty-seven ICBMs between them. Twenty-six years later, each superpower had roughly nine thousand warheads. Harold Macmillan called the U-2 affair “a very queer story.” For the defense industry, it was also a very happy one. *

in the bowels of this nameless little world, is a genetic technology that feeds itself, maintains itself, runs itself, efficiently, endlessly, mindlessly. It’s the perfect organic tool. The faction that could use these tireless workers could make itself an industrial titan.

Among the leading intellectual proponents of Roosevelt’s form of liberalism were the three brilliant young founders of The New Republic, Herbert Croly, Walter Lippmann, and Walter Weyl—all slightly older friends of Adolf Berle’s. In 1909 Croly published a Progressive Era manifesto called The Promise of American Life. “The net result of the industrial expansion of the United States since the Civil War,” Croly wrote, “has been the establishment in the heart of the American economic and social system of certain glaring inequalities of condition and power … The rich men and big corporations have become too wealthy and powerful for their official standing in American life.” He asserted that the way to solve the problem was to reorient the country from the tradition of Thomas Jefferson (rural, decentralized) to the tradition of Alexander Hamilton (urban, financially adept). Weyl, in The New Democracy (1913), wrote that the country had been taken over by a “plutocracy” that had rendered the traditional forms of American democracy impotent; government had to restore the balance and “enormously increase the extent of regulation.” To liberals of this kind, these were problems of nation-threatening severity, requiring radical modernization that would eliminate the trace elements of rural nineteenth-century America. Lippmann, in Drift and Mastery (1914), argued that William Jennings Bryan (“the true Don Quixote of our politics”) and his followers were fruitlessly at war with “the economic conditions which had upset the old life of the prairies, made new demands on democracy, introduced specialization and science, had destroyed village loyalties, frustrated private ambitions, and created the impersonal relationships of the modern world.” A larger, more powerful, more technical central government, staffed by a new class of trained experts, was the only plausible way to fight the dominance of big business. The leading Clash of the Titans liberals were from New York City, but even William Allen White, the celebrated (in part for being anti-Bryan) small-town Kansas editor who was a leading Progressive and one of their allies, wrote, in 1909, that “the day of the rule of the captain of industry is rapidly passing in America.” Now the country needed “captains of two opposing groups—capitalism and democracy” to reset the

Overriding everything else, the Titanic also marked the end of a general feeling of confidence. Until then men felt they had found the answer to a steady, orderly, civilized life. For 100 years the Western world had been at peace. For 100 years technology had steadily improved. For 100 years the benefits of peace and industry seemed to be filtering satisfactorily through society. In retrospect, there may seem less grounds for confidence, but at the time most articulate people felt life was all right. The Titanic woke them up. Never again would they be quite so sure of themselves. In technology especially, the disaster was a terrible blow. Here was the “unsinkable ship”—perhaps man’s greatest engineering achievement—going down the first time it sailed.

Imagine if the industry titans of the past were subjected to the scrutiny and whining of Twitter. Rockefeller, Ford, Carnegie, Vanderbilt. Giants. It’s no secret that giants are nasty. They grind bones to make their bread.

Thus, Rockefeller and other industrial captains conspired to kill competitive capitalism in favor of a new monopoly capitalism.

Rockefeller sounded more like Karl Marx than our classical image of the capitalist. Like the Marxists, he believed that the competitive free-for-all eventually gave way to monopoly and that large industrial-planning units were the most sensible way to manage an economy. But while Rockefeller had faith in such private monopolies, the Marxists saw them as merely halfway houses on the road to socialism.

Long after Rockefeller had exited the industrial scene, various economists, while espousing the general superiority of competition, conceded the economic wisdom of trusts under certain conditions. The conservative, Austrian-born economist Joseph A. Schumpeter, for example, contended that monopolies might prove beneficial during depressions or in new, rapidly shifting industries. By replacing turmoil with stability, a monopoly “may make fortresses out of what otherwise might be centers of devastation” and “in the end produce not only steadier but also greater expansion of total output than could be secured by an entirely uncontrolled onward rush that cannot fail to be studded with catastrophes.” Schumpeter imagined that entrepreneurs wouldn’t commit large sums to risky ventures if the future seemed cloudy and new competitors could easily spoil their plans. “On the one hand, largest-scale plans could in many cases not materialize at all if it were not known from the outset that competition will be discouraged by heavy capital requirements or lack of experience, or that means are available to discourage or checkmate it so as to gain the time and space for further developments.

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December 1940 when more than five thousand titans of industry (the heads of such companies as Standard Oil, General Motors, Sears, General Electric, and Mutual Life) gathered at the Waldorf-Astoria Hotel in New York City for the annual meeting of the National Association of Manufacturers (NAM). They gathered as the nation was emerging from the Great Depression, resentful of powerful labor unions and government regulation of their industries. Until this meeting, these leaders and the nation at large had been told that the greed of capitalists was the cause of the 1929 economic collapse. The NAM tried to counter this narrative throughout the 1930s with appeals to Americans’ self-interest, but this strategy had little effect or success. President Franklin Roosevelt shrewdly used religious jargon to sell his New Deal, which was picked up by liberal ministers throughout the nation and preached from their pulpits. During the 1940 NAM conference, however, one of the speakers—Rev. James W. Fifield—preached against the sins of Roosevelt’s New Deal and the salvation that could be found in US free enterprise and deregulation. The titans of industry were not the cause of the Great Depression, Fifield proclaimed, they were the saviors. During his talk, Fifield—nicknamed “The Apostle to Millionaires”—suggested clergy would be the key to regaining the upper hand in the capitalist struggle against Roosevelt’s liberal policies and dictatorial tendencies. This watershed moment made Christianity and capitalism soulmates in white America’s imagination under the phrase “under God,” which they then set out to popularize. Moving forward, the United States would henceforth be known as a Christian nation.9

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【V信83113305】：New York University, nestled in the heart of Greenwich Village, is more than just a university; it is a vibrant microcosm of global ambition. Its iconic logo, the upheld torch, is a powerful symbol of its mission to illuminate minds. Unlike traditional enclosed campuses, NYU’s classrooms and dorms are woven directly into the fabric of downtown Manhattan, making the entire city its campus. This unique structure provides students with unparalleled access to cultural institutions, leading industries, and a dynamic urban pulse. Academically, NYU is a titan, consistently ranked among the world's best. It boasts renowned programs in arts, business, law, and medicine, attracting a diverse and talented student body from across the globe. The university’s extensive network, including degree-granting campuses in Abu Dhabi and Shanghai, solidifies its identity as a truly global institution. At its core, NYU offers an education defined by academic excellence, profound diversity, and immediate access to the professional and cultural opportunities of a world capital.，原版NYU毕业证最佳办理流程, 优质渠道办理纽约大学毕业证成绩单学历认证, NYU纽约大学毕业证最放心办理渠道, 办理美国纽约大学毕业证NYU文凭版本, 学历文凭认证NYU毕业证-纽约大学毕业证如何办理, 极速办纽约大学毕业证New York University文凭学历制作, 纽约大学文凭NYU, 想要真实感受NYU纽约大学版毕业证图片的品质点击查看详解, 定做纽约大学毕业证NYU毕业证书毕业证

【V信83113305】：The University of Melbourne stands as a titan of Australian higher education and a beacon on the global stage. Founded in 1853, it is the nation's second oldest university, steeped in a rich history that is seamlessly interwoven with a dynamic, forward-looking vision. Its prestigious Parkville campus is an architectural tapestry, blending historic sandstone buildings with cutting-edge contemporary facilities, creating an inspiring environment for over 50,000 students. Consistently ranked among the world's top universities, Melbourne is renowned for its exceptional teaching, groundbreaking research, and the influential contributions of its alumni, who include Nobel laureates, prime ministers, and industry leaders. The university pioneered the ‘Melbourne Model’, a unique curriculum that encourages broad undergraduate study followed by specialized professional graduate degrees, fostering well-rounded, critical thinkers. A vibrant and diverse cultural hub, it offers an unparalleled student experience, cementing its status as a truly world-class institution.，UM或UofMELB毕业证办理流程, 100%办理墨尔本大学毕业证书, 挂科办理The University of Melbourne墨尔本大学学历学位证, UM或UofMELB墨尔本大学毕业证书, 666办理UM或UofMELB毕业证最佳渠道, 墨尔本大学学位证毕业证, 墨尔本大学留学本科毕业证

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【V信83113305】：Founded in 1930, the ArtCenter College of Design stands as a titan in the world of creative education. With its main campus nestled in Pasadena, California, it has forged an unparalleled reputation for its rigorous, industry-focused approach. The college's learn-by-doing philosophy is embodied in its signature transdisciplinary studios, where students from diverse fields like transportation design, film, and graphic design collaborate, mirroring real-world creative agencies. Its distinguished faculty of working professionals provides direct links to leading industries, ensuring that its graduates are not just artists, but problem-solvers ready to lead. ArtCenter’s alumni, who have shaped everything from BMW's curves to major motion pictures, are a testament to its profound impact on global design and visual culture.，ACCOD毕业证在线制作艺术中心设计学院文凭证书, 100%学历ACCOD艺术中心设计学院毕业证成绩单制作, 美国Art Center College of Design艺术中心设计学院毕业证成绩单在线制作办理, 在线办理ACCOD艺术中心设计学院毕业证本科硕士成绩单方法, 办理美国Art Center College of Design艺术中心设计学院毕业证Art Center College of Design文凭版本, 原版ACCOD毕业证书办理流程, ACCOD毕业证书艺术中心设计学院毕业证诚信办理, 硕士文凭定制ACCOD艺术中心设计学院毕业证书, ACCOD毕业证成绩单办理艺术中心设计学院毕业证书官方正版

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