The most efficient way to produce anything is to bring together under one management as many as possible of the activities needed to turn out the product.
Suppliers and especially manufacturers have market power because they have information about a product or a service that the customer does not and cannot have, and does not need if he can trust the brand. This explains the profitability of brands.
In the next economic downturn there will be an outbreak ofbitterness and contempt for the supercorporate chieftains who pay themselves millions. In every major economic downturn in U.S. history the �villains� have been the �heroes� during the preceding boom.
On Destiny: "Our destiny exercises its influence over us even when, as yet, we have not learned its nature: it is our future that lays down the law of our today."
Human, All Too Human