RALPH WILLIAMS
Business as Usual, During Alterations
Throughout most of recorded history mankind has lived within an economy of scarcity. Only in the last half-century have technological developments made an economy of abundance possible, at least in the West and Japan. The costs involved in this process were high, not only in terms of human exploitation but also in more subtle ways. For example, the explosion of available consumer goods has produced considerable confusion, part of the "future shock" phenomenon of being surrounded by so much diversity that it is difficult to enjoy any of it.
Because technological change has been so rapid, entire industries have been created and wiped out almost overnight. The resourcefulness often shown by the businessman to these
developments has been little short of amazing-the transition from a literally "horse-powered" transportation system to the automobile and from the blacksmith to the mechanic are but
examples.
"Business as Usual, During Alterations" presents members of the business community facing the greatest crisis in the history of economic relationships. Competition is supposed to be the essence of the Free Enterprise System (at least on paper)-but it was never supposed to be like this.