I was born into the amazingly successful World War II era. At that time, the American economy made up half of the world’s total economic activity. Our competitors and allies had been bombed, and we had built factories in security. The GI Bill was working, and a generation of eager young Americans was going to rapidly-expanding colleges. My father was one of them. Affordable housing was springing up everywhere, and it had nothing to do with government assistance. The American auto industry dominated the world. General Motors had become the model corporation, explained by Peter Drucker’s pioneering series of management training books. Edwards Deming’s system of quality — founded on th
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