Angry Bear explains how mistaken thinking in the US business community from 1960’s onward set the stage for the loss of world-wide economic and technology leadership in many industries.
A fable: The Guitar Player who sold his gear or, Bruce Henderson vs. Gordon Moore ~ Angry Bear.
I spent much of my career from the late 70’s through 2000 as a corporate planner and strategy consultant. It gave me a ring-side seat to the mind-battles described in this “fable”. I have to agree with the author of the fable. US business leaders blew it. They fell in love with the finance gin-game: buy businesses, milk ’em, sell’em a few years later. True builders of value and pioneers of innovation and infrastructure lost out because they couldn’t put a faith in an unknown future into spreadsheets.