...they underestimated the advance of industrialization and the economics of mechanization. If the South had invested in these modernities instead of fighting them, they could have had mechanized agriculture and wouldn't have needed zero-cost labor to do the work.
Reading that, I was struck by the eerie parallels to many contemporary corporations I see in my consulting work that eschew investing into automation, organizational and other advances and instead focus tremendous managerial efforts and time upon driving labor costs towards zero.
Reading that, I was struck by the eerie parallels to many contemporary corporations I see in my consulting work that eschew investing into automation, organizational and other advances and instead focus tremendous managerial efforts and time upon driving labor costs towards zero.