U.S. Steel was a continual drag on the economy for the next 50 years and caused substantial harm,
The striking thing about the petroleum industry is U.S. firms still dominate the world petroleum industry. And the U.S. firms that dominate are the remnants of the old Standard trust,
Software is becoming the basis of the new economy, but surely that was also true of petroleum in 1912,
A sluggish giant did not help our economy, ... I think the way to consider this issue is to consider the story of U.S. Steel.
