New York Times Book Review (17 Dec. 2023): The Greatest Capitalist Who Ever Lived – Thomas J. Watson, Jr.
The book, The Greatest Capitalist Who Ever Lived: Tom Watson, Jr and the Epic Story of How IBM Created the Digital Age (by Ralph Watson McElvenny and Marc Wortman) is about Thomas J. Watson, Jr., but also includes information about his upbringing under IBM founder, Thomas J. Watson, Sr. and the Watson family. Senior is not presented in the best light and Junior is presented as quite a rebel who initially had no interest in taking the reigns at IBM.
The review was published in the New York Times Book Review on 17 Dec. 2023. The byline is Tim Wu, a law professor at Columbia University, New York City. Mr. Wu also recently published, The Curse of Bigness: Antitrust in the New Gilded Age. We are enticed to purchase both Wu’s book and the book he reviewed.
Much of what Wu writes here makes sense. For instance, he says the title of the book should not be about the “greatest capitalist,” but about the “greatest manager.” The reason is the ability of Junior to delegate rather than dictate. Junior accomplished a great deal at IBM, due to this approach. From the time I led groups as a teen to today, I have always tried to delegate and it works better than fighting between several groups because they “step on each other’s toes.” It was taught to me by my mother, who also had been a leader in our community and church. And I really agree that Junior is not the greatest capitalist who ever lived. In agreement with reviewer Wu, I think there are others who fit the bill for being the greatest capitalist, better than Junior. And many who are made out to be the best capitalist are the ones who only support supply-side Reaganomics and the trusts and monopolies which are evidently discussed in Wu’s book about the “curse of bigness.” Texas big really is bad for America, its commerce, and our economy. Sounds as if me and Wu are in agreement. But I need to read his book.
Related to this idea of bigness is what is learned by Wu in his review regarding AT&T pulling out of the computer business in the 1950s. However, it should be added that, after Junior, IBM became a model of “bigness” so strong that it controlled Reagan and our government. When the personal computer was introduced, AT&T, developer of the Unix operating system at Bell Labs, wanted to enter the PC market. According to a colleague in the corporation where I once worked in Florida, AT&T had a plan to use Unix as an operating system and work from the model of rental of telephones used to introduce PCs. In other words, like phones, AT&T’s vision was to rent computers for the home which would be run by a far superior operating system called Unix. Many people agree that Unix (now Linux) is better than the IBM / Microsoft DOS / Windows operating systems.
Computer science professors I know are in agreement because Unix is a tight system, whereas the Microsoft “code” is too open and easily changed, thus PCs can be sabotaged too easily. The claim made by such professors was that Unix run by AT&T would be harder to sabotage and PC users would not have as much responsibility to watch over the code on their own computer.
But why did IBM’s PC begin to predominate and AT&T once again, in the late 1980s, abandoned the market to IBM. Reagan supply-side economics and his friendly relations with GE and IBM. Reagan. The man who said in his 1981 inaugural address that “government is the problem.” Reagan pushed for government deregulation and supply-side economics which help create the “bigness” we see today in monopolistic style trusts. But in 1984, he pushed government to be involved in business, something he proclaimed should not be happening. Reagan. A big liar and hypocrite.
In 1984, Reagan broke up AT&T. Reagan had the government choose between AT&T and IBM. As a result he forced control of big business be put in one company. He got the government involved rather than allow “free market” to take force.
I had learned FORTRAN and COBOL while taking computer science courses at SUNY Utica/Rome. At the time, I was working for an U.S. Air Force contract at Griffiss Air Force base in Rome, NY.
I also took courses learning how to use a DEC PDP-11. I learned Assembly Language on the PDP-11. I also learned Unix because the PDP-11 minicomputer utilized Unix. Sadly, DEC executives made the statement, something involved with really cuckoo vision of the future: that computers would never be used in the home! Where is DEC today?
When employed by an “IBM shop” in Florida, I found out I was working in a division of the corporation with a vice-president who was pushing Unix and a minicomputer called the Fortune computer. My colleague was working on this and tried to convince this person (me) who has had many friends at IBM, that Unix was better and I needed to use the Fortune machine. At the time, I was not convinced, but I did something many people today refuse to do: I LISTENED to my colleague. In one sense, he made sense and I am open-minded, described by many as “thinking outside the box,” as one of my good characteristics.
I began at the corporation before Reagan destroyed AT&T. After the destruction of AT&T, the vice-president for whom me and my colleague worked was forced to give up the Fortune Unix machine. In the process, the VP over IT decided to take my colleague into his organization, in return for allowing my VP’s organization to purchase IBM PCs and software with a Novell LAN. Ironically, in later years Novell became involved with Unix when AT&T no longer worked with it from Bell Labs. The full details of the tumultuous history of Unix can be found at a Wikipedia article: https://en.wikipedia.org/wiki/Unix
When I learned to use the IBM PCs with the Bill Gates (Microsoft) DOS / Windows environments, and having knowledge of Unix from my days of learning the system in upstate New York at SUNY, I found that my colleague was correct. The problem was I listened, but never took him seriously. Sadly, that is exactly how I get treated when I write and discuss many matters pertaining to our lives. No listening, only everyone thinking they are experts who dig in their heals thinking they are better than what I have to say. On the Air Force base, we often had a word for experts: ”drips under pressure.” Too many today who are like that, sad to say.
After all, we all have something to offer to the lives in our community of people and to society. If one is in error, then it is best for that one person to acknowledge being in error, not cling to it like a “drip under pressure.”
Related to this book is information from a documentary about Thomas J. Watson, Sr. He pulled himself up from his bootstraps, beginning with nothing, as he grew up here in upstate New York. While working for NCR, he worked to put competitors out of business. The Federal Justice system of regulation, pretty much begun by “trust buster” Teddy Roosevelt, called NCR to task for working to eliminate competition. Watson, Sr., almost ended up in jail, as other executives who were caught doing destruction to competitors.
Some see this impact on Sr. as a learning experience, as he created IBM. In other words, when faced with jail, he did not dig in his heals, but went along. This is very unlike Trump today who simply digs in his heals for the wrongs he has done in attempting to work against the U.S. Constitution and inspire an insurrection on 6 January 2021. He has even indicated he wishes to be a dictator over the USA.
Interestingly enough, Trump liked hypocritical Reagan who claimed government should not be involved in business and then got involved, on the side of IBM, in 1984, in destroying IBM’s competition. What if AT&T had NOT been destroyed and did have the opportunity to compete with IBM with phone systems which would be rented. Apple and the Smartphone eventually gave us something akin to “rental,” when we pay those huge costs to purchase a phone over time. I find it awful and would prefer having the AT&T model with Unix, as was a plan in the 1980s. But we will never know about the “what if….” will we?
However, I look forward to reading this book about Thomas J. Watson, Jr. I agree with the reviewer, Wu, that Jr. might just be the best “manager,” but not the best capitalist.
I also look forward to reading Wu’s book about ‘the curse of bigness” and what happens with anti-trust in the “gilded age.”
Background & Solutions for America, Land I love
My American progenitor ancestor was named Thomas Cornell. As feuding began in England between Anglican Catholic followers of Queen Elizabeth and King James, Catholics subservient to the archbishop (?) of Rome (known as pope), and Puritans like Oliver Cromwell. Before Charles I was beheaded and the English civil war was fought.
Thomas Cornell’s family escaped the tribulations of civil war by moving to Massachusetts Bay Colony and what is now downtown Boston.
Thomas opened tavern in Boston. By the time Cromwell’s son relinquished position of Lord Protector and Charles II re-took throne, many Puritans fled and moved to Boston.
As a result, these Puritans were creeps and control freaks with a desire to control other people’s lives by forcing others to do as they want.
People like Roger Williams and Baptists, with Anne Hutchinson. Were banished from Boston.
Because Thomas Cornell refused to follow orders of anti-alcohol prohibitionists and close his tavern when they ordered it to be closed, Thomas and his family were banished from Boston, so they joined Williams and Hutchinson in the area known today as Rhode Island.
Cornell built a home on a waterway where there was ease of access to transport commerce. Thomas died in late 1600s. His wife, Hannah Briggs Cornell inherited home. The oldest son was Thomas Cornell, Jr.
Thomas, Jr’s line of descent is the line for Ezra Cornell of Cornell University.
My line of descent is by way of Thomas Cornell’s (Sr) son named Richard. Richard had moved to Flushing on Long Island. Rose were the years of the Dutch colony. Richard Cornell’s name was pronounced in Dutch way as Corne-velle. Thus, our branch became Cornwell. Those who remained many years in Rhode Island continued with name of Cornell, even after moving to New York and central New York following American Revolution.
In Rhode Island, in order to confiscate the Cornell property, puritanical ones were likely behind death of widow Rebecca Cornell and setting up an honest man as murderer of Rebecca. They had Thomas, Jr, wrongly executed with lies based on ghosts or apparitions.
It is known that puritanical creeps pushed such actions and accusations about witchcraft so as to confiscate property, as puritanical Fidel Castro did in Cuba. Dictators. Pushing authoritarianism based on selfishness and greed, just as Hiitler also did in Germany in the 1930s. Just as Trump, DeSantis, with Republican goons attempt to do by firing up puritanical creepy control freaks today.
Puritans don’t truly believe in love as taught by Jesus Christ, but believe the world only works well if everyone denounces alcohol, drugs. LGBTQ, abortions, drag shows, true history about people of color and Jews, and immigrants; all who don’t believe as authoritarian Puritans believe.
MAGA and Trump, with others, maintain and endorse thoughts just like puritanical dictators of the 20th Century did. As Putin (pu(ri)tin) with puritanical Russian Orthodox church does.
This “new world order” was pushed by Anti-Christ GHW Bush with his false thousand lights. Too many stupid people, pushed by multi-million dollar evangelists and TV evangelists have grabbed hold of the BS of this “new world order.”
Their method is divide and conquer. They perpetrate the destruction of true Christians, many who endorse progressive Christian ideas, while these true Christians, due to loud voices of puritanical ones, are stereotyped as being evil and chase people away because they are confused about who God is and such people become atheists who even attack progressive Christians. Divide and conquer, in the name of the puritanical Anti-Christ.
These puritanical control freaks, with divide and conquer attitudes, are destroying America by dividing America. Their methods involve sabotaging good people like President Biden and Democrats in their goals to solve America’s problems by learning from history and applying what is learned in order to help America progress through the 21st Century in a humanitarian way. All for the sake of generations to come.
If I point out how history teaches us that 18th and 19th Century wealthy Americans endorsed paying taxes and contributed their wealth for the sake of America, am I going to be squelched by puritanical ones who defend the wealthy greedy brats today and call my analysis politics and don’t allow my teaching of history?
Perhaps such puritanical brats won’t allow me to explain how a wealthy person named Royal W. Clinton gave his money to build a PUBLIC high school after taxpayers voted it down? Because wealthy ones today don’t follow words of assassinated President JFK who said, “ask not what your country can do for you, but what you can do for your country, ” so therefore I am censored because, as puritanical creeps cast aspersions on me as “talking politics?” It is to learn from history, not talking politics, so go shove those thoughts where the sun don’t shine.
Or maybe learning from history is about considering that America was wrongly sent to Vietnam by the influence of greedy Texas oil men, so we need to consider whether we still fight over oil and pipelines for oil? I am squelched, censored in saying this because of finding evidence in history from which America can learn from this history. It is called censorship based on, “we don’t talk about politics.” In other words, destroy democracy by not allowing people to learn from history because it is “politics” and being part of a democracy.
Politics is democracy so I don’t accept killing politics because it destroys democracy.
It is better to return the Fairness Doctrine which was unilaterally destroyed by fascist loving puritanical control freak and creep GHW Bush who was like the Manchurian candidate. For the Fairness Doctrine was designed to endorse freedom of speech, but to stop lies, hatred, slander from being told by making certain any of that shit had to have a counterpoint with truth or else could not be aired or printed.
Eliminate gerrymandering by creating congressional district based on geographic jurisdiction in which boundaries remain static, but dynamic changes made each decade by changing the weighted ratio of each representative when voting. No more gerrymandering, which is NOT a provision of the U.S. Constitution.
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Commentary, democracy, Economics, Regulated Capitalism, Commerce, freedom of religion, Gun Safety, History & Genealogy, human-rights, If it's broke let's fix it TOGETHER
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