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But now, J.P. Morgan is about to take business to a whole new level.
這時(shí) J·P·摩根準(zhǔn)備將生意推向一個(gè)新的高度
He begins looking for other ways to make money.
他開(kāi)始尋找其它賺錢的方法
Building on his father's business model.
基于父親的經(jīng)營(yíng)模式
He creates a tactic that's so innovative,it becomes known as "Morganization."
他創(chuàng)造出了一種革新型策略 后來(lái)被稱作"摩根化"
"Morganization," in effect, means taking companies that were fighting each other,and managing the company in such a way that bringing them together,competition is reduced, profits are increased.
摩根化指的是將相互爭(zhēng)斗的公司找來(lái) 讓它們團(tuán)結(jié)起來(lái)然后管理公司 讓競(jìng)爭(zhēng)減弱 利潤(rùn)提升
In other words, trying to impose order on these fiercely competitive industries.
也就是為競(jìng)爭(zhēng)激烈的行業(yè)帶來(lái)秩序
Morgan starts restructuring companies in industries across the country.
摩根開(kāi)始在全國(guó)范圍內(nèi)重建各行業(yè)的公司
Firing workers and eliminating inefficiencies.
解雇工人 消除低下效率
While prioritizing profits over everything else.
將利潤(rùn)放在一切之前優(yōu)先考慮
And soon, Morgan's rivals adopt the same approach.
很快 摩根的對(duì)手們也都采取了相同的做法
The private sector greed, ambition, dreamers, the stuff of entrepreneurs;
私人企業(yè)中貪婪 野心 夢(mèng)想 企業(yè)家的一切
look at it too closely,you may not admire it as much as you do after the fact.
近看的話 你可能不會(huì)再像最開(kāi)始那樣崇敬
Carnegie and Rockefeller begin Morganizing their own companies.
卡內(nèi)基和洛克菲勒開(kāi)始摩根化自己的公司
Maximizing profits by slashing their workforce.
通過(guò)削減員工數(shù)量來(lái)最大化利潤(rùn)
Those who still have a job......are forced to work longer hours.
那些沒(méi)有丟掉工作的人則被要求工作更長(zhǎng)時(shí)間
For even less pay.
薪酬甚至還會(huì)降低
