Jim Werbaneth's Blog – July 2011 Archive (1)

RIP Borders

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…

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Added by Jim Werbaneth on July 23, 2011 at 3:00pm — 7 Comments

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