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...case of giant Penn Central, spectacular bankruptcy. Yet the railroads have become increasingly good at moneymaking service, using new specialized and electronic gadgetry that would baffle Casey Jones. For a closeup view of modern railroading, Associate Keith Johnson rode cab and caboose on the world's fastest freight train, Santa Fe's premium-rate Super C, Chicago to Los Angeles...
...deep to see how Casper cocks his elbow on the backswing or Player plants his feet for an uphill lie. Since an average of 10 million viewers watch the weekend tournaments on TV, today's pro golfer must be part showman and part salesman for one of the fastest-growing sports in the U.S. No one is more aware of that fact than Lee Trevino: "You won't catch me criticizing a gallery. I don't care if they scream their heads off, because they pay my way out here...
Depending on a man's values, Florida is either one of the fastest-growing or one of the fastest-decaying states in America. Each week 2,750 new residents flock to its balmy climate; each year the crush fouls more of Florida's once pristine air and water. In draining swampland for home sites, canal builders have ruined vital water supplies and endangered wildlife. Near Naples, one huge coastal development recently erased a lovely mangrove-lined shore in favor of concrete sea walls. Asked to set aside a refuge for the area's few remaining eagles...
Another major problem is the role of the giant corporation in inflation. Economists generally agree that when inflation is caused by the pull of excessive demand, prices go up fastest in industries with a large number of small companies. But they also agree that big corporations play a disproportionate role in what Nobel Laureate Paul Samuelson calls "sellers' inflation"-the passing on of higher costs to consumers in the form of price increases. A special difficulty is the ability of giant companies in concentrated markets to maintain or even to increase prices despite falling demand. That ability...
Replace "the revolution" with the term sound merchandising, and that quotation becomes a guide to success in capitalist retailing. So claims Isao Nakauchi, head of Japan's fastest-growing store chain and an admitted admirer of Mao, even though he himself is a political conservative. By following the Chairman's strategic principles, Nakauchi has built his 14-year-old Daiei, Inc., into a 63-store chain that in 1970 grossed $415 million, second only to the volume of the Mitsukoshi department stores. This year Nakauchi expects to become No. 1 by pushing Daiei's sales...