Word: colossuses
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...most storied of American railroads, Union Pacific Railroad was launched in Nebraska during the Civil War with a handful of tracklayers, helped open up the frontier West and has since grown into a $12 billion-a-year colossus with 48,000 employees and 33,000 miles of track crisscrossing 23 Western states. Today UP handles some 30% of the nation's rail freight traffic. But during the past year, the legendary railroad has been groaning under the weight of embarrassing logistical breakdowns...
...venture in Iraq, Ferguson contends, is but one instance of modern American imperialism. Ferguson’s most recent work, Colossus: The Price of America’s Empire, argues that the British spirit of empire has shaped America’s worldview since the nation’s founding and even today, the United States is an “empire in denial...
...exerts the functions of an empire while denying that it is an empire,” Ferguson said at a book signing for Colossus at the Brattle Theatre on May 6. “Why is it that this astonishing empire...is so very unsuccessful in practice as an empire...
...doesn't think the U.S. has done a very good job in Iraq. It was, Ferguson says, "very clear" that there would be a Shi'ite rebellion in Iraq, as Americans would have known if they had studied the history of the British there. And in his new book, Colossus, he worries that the U.S. may not have the will or the wallet to stick at its imperial mission long enough to make a difference. --By Michael Elliott
Name A Japanese corporate colossus, and chances are it started as a family firm--Mitsubishi, Sumitomo, Toyota, Kikkoman. Hundreds of millions of Indians garb themselves daily in cloth made by the Ambanis or Wadias. Residents of Hong Kong can barely avoid contributing to the coffers of billionaire Li Ka-shing and his sons, who control office towers, supermarkets, electronics outlets and telephone companies. Business in Asia is a family affair, and the most accurate picture of an Asian economy remains a diagram of an extended family tree connecting clans that make things to those that finance them, with dotted lines...