Название: Stuff Matters: Genius, Risk and the Secret of Capitalism
Автор: Harry Bingham
Издательство: HarperCollins
Жанр: Зарубежная деловая литература
isbn: 9780007375172
isbn:
And one last thing. A thing that lies at the heart of this book.
It’s all very well to call attention to the Napoleonic drive and will of entrepreneurs, but the comparison suffers in one enormous respect. Napoleon’s wars devastated a continent. They put back the industrialization of continental Europe by as much as fifty years. They left a legacy of illegimate rulers, aggrieved populations, and entire armies of the dead. Back then, Napoleonic drive had Napoleonic consequences.
These days, the reverse is true. Entrepreneurs are creators. They turn the unproductive into the highly productive. They take advanced technologies and make them available all over the globe.
Needless to say, you can’t do these things and make everyone happy. Mittal’s career has had its share of controversy. When he bought into Kazakhstan, he worked with some intermediaries of doubtful rectitude. When he buys up steel plants, redundancies often follow. In his coal mines and iron mines, there have been accidents which have cost miners their lives.
Call me heartless, if you wish, but my response to this kind of carping is more baffled than anything else. What on earth do you expect? You can’t buy the biggest industrial enterprise in Kazakhstan and not work with people who know the territory, and the business ethics of those people is bound not to be the same as you’d expect in London or New York. Likewise you can’t restore an ailing plant to health and not address its cost structure. In almost every case, that will involve redundancies. You can’t operate mines in Kazakhstan and not expect accidents that would be inconceivable in more developed countries. Kazakhstan is not Sweden. It is a place where even paying your workers constitutes a challenge, a place where you need to buy, mend, and operate a power plant if your workers are to enjoy any heating.
This isn’t to clear Mittal of these charges altogether. It’s possible – I just wouldn’t know – that Mittal should have put more effort into mine safety earlier and more extensively than he did. I’m quite certain that no one has ever built a global business on Mittal’s scale and done it without any errors or regrets along the way. Yet to focus unduly on any errors is to miss the point. Mittal did what no one else was prepared to do. He was prepared to buy one of the least attractive assets in one of the least commercially attractive countries in the world, and make a go of it. He took a bad thing and made it good. He did it in Kazakhstan, in Mexico, in the West Indies, and countless other places besides.
What Mittal did in these places represents the very essence of capitalist energy. It’s the energy that took the world of 1770 – poor, backward, illiterate, hungry, unproductive – and turned it into the world of today. It’s the energy that turns a rice field into a steel mill, a broken enterprise into a thriving one. It’s the energy that lies at the heart of every good thing about capitalism.
But the energy itself is an amoral one. It can be used for good; it can be used for ill. And the next chapter takes us into some morally ambiguous territory indeed, for it’s time to consider the art of selling.
‘Ah, Maggie, in the world of advertising, there’s no such thing as a lie. There’s only expedient exaggeration.’
– ROGER THORNHILL (Cary Grant) in Hitchcock’s North by Northwest
In the mid-nineteenth century, European scientists led by Louis Pasteur in France and Robert Koch in Germany developed and proved the germ theory of medicine, which swept away centuries of myth and superstition. From new theories new practices. Joseph Lister in Britain was quick to see that if germs caused infection, then surgery was almost an open invitation to gangrene. Since wounds couldn’t be heated or filtered – two of the standard ways of eliminating germs in the laboratory – that left only chemical compounds. Lister knew that sewage was successfully deodorised with carbolic acid and began to spray a solution of it on open wounds and surgical instruments – and forced surgeons to wash their hands in a mild carbolic solution before operating. The incidence of gangrene among his patients declined precipitously. By 1870, his innovations had been enthusiastically adopted and improved upon, first in Germany, then further afield. Countless lives were saved. A medical revolution was born.
Needless to say, revolutions breed innovation. In the last three decades of the nineteenth century, a scramble was on to develop ever more effective chemical compounds to play the role of sterilizing agents. One such formulation was developed by a couple of American researchers for use in surgical situations. A couple of decades later, the same product, but heavily diluted, was sold to dentists for use in oral care. Two decades later still, the same product was sold as a mouthwash to America’s burgeoning middle class. In honour of the great Joseph Lister, the mouthwash was christened Listerine. It was a nice touch, but almost nobody bought the mouthwash.
Then the young Gerard B. Lambert took over management of the family firm. He had a revolutionary idea of his own. He’d advertise the product, something that the company had never done in its history. For a year, nothing happened. The copy was awkward, old-fashioned, uncertain. It didn’t work. The firm’s profit (which included income from items other than the mouthwash) remained stuck at its historic levels of about $100,000 a year. But then Lambert and his two ad-men, Milton Feasley and Gordon Seagrove, hit gold. Their new ad depicted a gorgeous young woman, alongside copy which told the affecting tale of a handsome young businessman finding himself rejected after a single romantic date. The ad’s headline commented darkly, ‘He Never Knew Why’.
The answer, said Messrs Lambert, Feasley and Seagrove, was halitosis, a term so obscure that very few doctors would have recognized it and most dictionaries of the age ignored it. All the same, the term had a pleasingly classical ring to it and it sounded scientific. As Roland Marchand comments in his Advertising the American Dream, ‘the ads took the form of quick-tempo sociodramas in which readers were invited to identify with temporary victims in tragedies of social shame. Now the protagonist was not the product but the potential consumer, suffering vicariously a loss of love, happiness, and success.’ Consumers responded to the ad in their droves. By 1927, the profits of Lambert Pharmaceutical had increased from $100,000 to more than $4 million. The advertising budget for Listerine saw a fiftyfold increase over a similar time-period.
Naturally enough, if you do something once and it succeeds magnificently, you’re under an almost overwhelming temptation to do the same all over again. It was a temptation that Lambert made no effort to resist. No sooner had his halitosis campaign started to take off, than he started to wonder what other ailments might not also be curable by this miracle mouthwash. The answer was quite a few. Listerine, it seemed, was an excellent after-shave tonic. It could cure colds. It would take care of sore throats. It was an excellent astringent, and who could possibly resist its effectiveness as a deodorant?
Listerine might very well have turned out to be the cure for all sorts of other things besides – ingrowing hairs, rough skin, violent conflict, old age – except that success breeds competition, and all kinds of other brands sought to muscle in on Listerine’s turf. Laundry starches became beauty baths (for ‘Fastidious Women’, naturally). New diseases were invented by the score. Do you, for example, suffer from ‘acidosis’ (sour stomach)? No? Then perhaps you worry about ‘bromodosis’ or ‘homotosis’? (Sweaty foot odours and a lack of attractive home furnishings, respectively.) If you have survived those afflictions, then do you perhaps need to consult a doctor about accelerator toe, ashtray breath or office hips? The world of the 1920s American consumer was strewn with new perils, new cures.
In all of this, it was almost easy to СКАЧАТЬ