David Halberstam Quotes
By 1957, A Mere Eleven Years After Its Devastation, Japan Not Only Had The Most Modern Steel Mills In The World But Was The Foremost Steel Producer In The World. But That Was Just The Beginning: In The Decade Following 1957, Japanese Steel Production Grew By 170 Percent - While The American Steel Industry Grew Only 20 Percent. The American Steel Industry, Believing Itself Invulnerable, Was Headed By A Complacent And Insular Management Which Was Slow To Bring In Modern Technology And Which, Even As The Challenger Grew More Proficient, Locked The Industry Into Ever Costlier Labor Agreements. By 1964, 28 Percent Of Japan's Steel Exports Was Going To America. In Japan, A Thrust In Shipbuilding Followed Closely Upon The Success In Steel; By 1956 Japan Had Replaced Britain As The World's Leading Shipbuilding Nation.
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