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8.36 Communities of ants
1) The communities of ants are sometimes very large, numbering even to 500, individuals
2) And it is a lesson to us that no one has ever yet seen quarrel between any two ants belonging to the same community.
3) However, it must be admitted that they are in hostility not only with most other insects, including ants of different species, but even with those of the same species if belonging to different communities.
4) I have over and over again introduced ants from one my nets into another nest of the same species; and they were invariably attacked, seized by a leg or an antenna, and dragged out.
5) It is evident, therefore, that the ants of each community all recognize one another, which is very remarkable.
8.37 Environmental revolution
1) The environmental revolution has been almost three decades in the making, and it has changed forever how companies do business.
2) In the 1960s and 1970s, corporations were in a state of denial regarding their impact on the environment.
3) Then a series of highly visible ecological problems created a groundswell of support for strict government regulation
4) In the United States, Lake Erie was dead. In Europe, the Rhine was on fire. In Japan, people were dying of mercury poisoning.
5) Today many companies have accepted their responsibility to do no harm to the environment.
8.38 Natural to be healthy
1) It is natural to be healthy, but we have wandered so far astray that disease is the rule and good health the exception.
2) Of course, most people are well enough to attend to their work, but nearly all are suffering from some ill, mental or physical, acute or chronic.
3) The average individual is of less value to himself, to his family and to society than he could be.
4) His bad habits, of which he is often not aware, have brought weakness and disease upon him.
5) These conditions prevent him from doing his best mentally and physically.
8.39 German invasion
1) German invasion of Poland officially triggered the Second World War.
2) In the beginning, Britain and France were hopeful that Poland should be able to defend her borders.
3) But Polish forces could not defend a long border.
4) They lacked compact defence lines and additionally their supply lines were also poorly protected.
5) Meanwhile, the world had woken up to the potential of atomic energy and countries were conducting testes to exploit the same.
8.40 Top executives
1) The top executives of the large, mature, publicly held companies hold the conventional view when they stop to think of the equity owners’ welfare.
2) They assume that they’re using their shareholders’ resources efficiently if the company’s performance—especially ROE and earnings per share—is good and if the shareholders don’t rebel.
3) They assume that the stock market automatically penalizes any corporation that invests its resources poorly.
4) So companies investing well grow, enriching themselves and shareholders alike, and ensure competitiveness; companies investing poorly shrink, resulting, perhaps, in the replacement of management.
5) In short, stock market performance and the company’s financial performance are inexorably linked.