Word: depressionitis
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Dates: during 1950-1959
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FORTUNE'S editors present a different philosophy: "Good selling is ... integral to all management and not merely a way to distribute what has already been produced. Competitive selling is more than a way of slicing up the pie; it is a way of increasing the size of it as...
The huge new public-works projects are not makeshift boondoggles, hastily thrown together, as in Depression days, just to spend money fast and create jobs. They represent real economic needs. All over the U.S., soaring population has created a need for new schools, hospitals, airports, water and sewage systems. With...
The existence of these public-works plans also provides a useful cushion to ease the impact of any future economic blow. A new concept of planning has grown up since the Depression created the need. It has been made an integral and accepted part of federal, state and local governments...
In his books he savagely dissected early American capitalism-in a predatory era when Cornelius Vanderbilt could write to his associates: "Gentlemen, you have undertaken to ruin me. I will not sue you, for law takes too long. I will ruin you." Veblen took a closer look at the people...
Depression gave him his chance. Rootes bought up, at distress prices, three famed but inefficient old companies-Humber, Hillman and Commer. He modernized their equipment and methods, had them paying dividends again within a year. Later the fast-growing Rootes Group took in others until it embraced 20 companies, including...