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Thursday, May 2, 2019
Tuesday, April 30, 2019
What now, NRA?
Rob Pincus and Joshua Prince prepare to address the NRA at the NRAAM |
Montgomery Ward?
Sears, Roebuck, and Company?
ITT Technical Institute?
What do these have in common?
Two of them have ceased to exist, one is on the ropes, and what was left of Union Carbide after the Bhopal gas leak was purchased by Dow Chemical in 2001.
Each of them was at one time a thriving business. Sears was a major mail-order powerhouse. Ward's was a big retailer. ITT Technical Institute helped many through technical career education.
Today, people are still ordering items mail-order, only online and not from Sears. Many are still getting technical educations, but not at ITT anymore. Chemicals are in use everywhere, but not produced by Union Carbide. People still shop at local department stores, but not Ward's.
The point of this narrative is to point out that any entity is subject to eventual demise, perhaps through a catastrophic industrial accident as happened to Union Carbide. Perhaps simply through poor business practices or failure to meet customer needs.
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