Sublime

Six years before we installed it, I experimented with the moving final assembly line which is now the crowning touch of American mass production. Before the eyes of Henry Ford, I worked out on a blackboard the figures that became the basis for his $5 day and the overwhelming proof of the present economic truism that high wages beget lower-priced ma

The claim was empty bluster, however. Mike Moritz, of Sequoia Capital, peeled back the truth with mordant detachment: “One of the dirty little secrets of the Valley is that all the jobs-creation we like to talk about is probably less than the Big Three automakers have laid off in the last decade. One of the best ways to have a nice Silicon Valley c

the journalistic errors examined in this book—the misreporting, fabrications, and distortions—were never the product of simple error. Nor were they solely the result of rogue reporters who took their journalistic fates into their own hands. Rather, they were the byproduct of a particular kind of system, a truth-producing machine that though built t

Halstead is a sophisticated, "rational" businessman. He knows that the Corporal's strong and unrelenting penny-saving is essential to the survival of the organization in "today's highly competitive business world." What he doesn't understand is that the business is being strangled by his own efforts to maintain profits by cuttin

This policy, I believe, was new in the industry when we began it. It reflected our desire to protect dealers against unreasonable product-depreciation losses and to place the responsibility for reasonable production schedules in the later months of the model year on the management of the divisions. It imposed a penalty on the factory in the form of

Trim size rationalization—in other words, reduction in the number of trim sizes available—was implemented industry-wide (over a very long period of time: decades beginning in the 1950s) as part of the trend toward reducing costs in manufacturing.