Increasing Quotes - page 23
Like it or not, giant, vertically integrated corporate enterprises were the most efficient means of organizing the production and distribution of mass produced goods and services. Bringing together supply chains, production processes, and distribution channels in vertically integrated companies under centralized management dramatically reduced transaction costs, increased efficiencies and productivity, lowered the marginal cost of production and distribution, and, for the most part, lowered the price of goods and services to consumers, allowing the economy to flourish. While those at the top of the corporate pyramid disproportionately benefited from the increasing returns on investment, it's only fair to acknowledge that the lives of millions of consumers also improved appreciably in industrialized nations.
Jeremy Rifkin
Among the grievances of modern days, much complained of, but with little hope of redress, is the matter of receiving and paying visits, the number of which, it is generally agreed, "has been increasing, is increased, and ought to be diminished.”... Nor is this complaint by any means peculiar to the times in which we have the honour to live. Cowley was out of all patience on the subject above a hundred years ago. "If we engage,” says he, "in a large acquaintance, and various familiarities, we set open our gates to the invaders of most of our time; we expose our life to a ‘quotidian ague of frigid impertinencies,' which would make a wise man tremble to think of.”.
George Horne