unions Complex global changes Empire’s sun setting “Maggie’s back in town”; confidence End of colonialism Too conservative Industry revolution moved on to GE, US Laggard initiative, enterprise, and entrepreneurship Comparative advantage (-) Atomistic – many reasons Still has niche qualifications Slowed demand, slow growth Foreign competition Nepotism, 3d gen aristocracy No EU marriage Torpid socialism, lethargy Resource paucity Poor accounting Talent emigrates Societal complacency Globalization begins…
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