When I asked him about the troubles of big corporations, like IBM and General Motors, Drucker replied that all large companies which emerge as a pioneer in a field eventually mature and face competition. They simply they must decide which size is best.
Elephants have a hard time adapting.
Cockroaches outlive everything. Drucker alluded to the hidden growing troubles of Japan, due to the large amount of T-bills and real estate they'd invested in the United States and their high capital gains tax. He surprised me by stating that he felt Keynes was actually ultraconservative politically, believing in abolishing labor unions and maintaining the free-market. Keynes despised American Keynesians. Transnational governments to deal with the environment.