The more I see of the Internet, the more enthusiastic I am. We’ re living through a period of dynamic change. America is ahead just now, with over 50 per cent of the population online; Britain is next, then Scandinavia and Japan, with the rest of Europe lagging surprising ly behind. But it won’ t be long before everyone catches up. In the third world especially, the Internet will be a liberating force that will power democracy and economic growth.
(46) The lightning speed of American decision-making in today’ s business world is embedded in the technology. In the 1980s, American companies, desperate to fend off Japan and Germany, shed their bureaucratic aspects and returned to the knife-edge of the market. Companies began to be ran much more aggressively in the interests of shareholders, and that powered the adoption of new technology. The pay of CEOs was tied to stock market performance and businessmen got rich in a way they never previously imag
The more I see of the Internet, the more enthusiastic I am. We’ re living through a period of dynamic change. America is ahead just now, with over 50 per cent of the population online; Britain is next, then Scandinavia and Japan, with the rest of Europe lagging surprising ly behind. But it won’ t be long before everyone catches up. In the third world especially, the Internet will be a liberating force that will power democracy and economic growth.
(46) The lightning speed of American decision-making in today’ s business world is embedded in the technology. In the 1980s, American companies, desperate to fend off Japan and Germany, shed their bureaucratic aspects and returned to the knife-edge of the market. Companies began to be ran much more aggressively in the interests of shareholders, and that powered the adoption of new technology. The pay of CEOs was tied to stock market performance and businessmen got rich in a way they never previously imag
M: I’ll tell you more when I see you next week.
W: Can’t you ring me
M: No, unfortunately. My phone’s still out of order.
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