Industry Comparison Quotes



Lev Davidovich Bronstein. Before the Russian Revolution large factories did not have to be very efficient as the labor was paid so little. After the Revolution, the workers were paid more and the inefficient procedures became even more disorganized with the workers in control for the first time without any management experience. At the same time, the small privately owned manufacturing businesses were making a profit with no help from the government. This was an embarrassment that the Communists eventually solved by shutting down the private businesses that were such an embarrassment. Russian manufacturing was never world class and efficient under the Soviets even after the post Revolution crises.


This is an important quotation because Ellison, one of the best businessmen in the world is also much more candid than most others. Here he admits that he strives to achieve monopoly status for his company. Almost all large businesses try to become monopolies so that they do not have to compete on price, quality, and service. Few will admit publicly that much of their effort goes towards an objective that is detrimental to the nation and society and in is in large part illegal.