Bethlehem Steel "fully depreciated" anecdote (from chunk 2)
Appears in 1 lecture.
Appearances across the corpus
After World War II the United States controlled 75% of the world's steel production. Why? Because we bombed out all the other capacity in all the other countries. We didn't have a war on our turf — there was not a single steel mill bombed in the United States. We built a lot of capacity in World War II, but it's not what we built, it's what we destroyed.