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Capitalism is a heartless bitch, intolerant of failure. Emotion has nothing to do with whether a company survives and thrives, or is consigned to the dustbin of business history. We've seen iconic corporations go that way, with Pan Am, TWA, the Pennsylvania Railroad, Jones & Laughlin Steel, and many others.
Usually I have a hard time getting emotional about a major business failure, beyond sympathy for those who lose their jobs. But those emotions seldom extend to the…Continue