Skip to main content

IBM

After Henry Ford changed America, his grandson accomplished something almost as amazing.

DID A COMPANY AND A MACHINE SPAWN EVIL?

Hidden agreements have made all business workplaces remarkably similar.

Sewell Avery was a careful student of business history, but he learned the wrong lesson.

In 1984, IBM had the greatest after-tax profit of any company in the history of the world: $6.58 billion. Eight years later, it had the greatest corporate loss in history up to that time: $5 billion.

Help us tell the story of America.

For over 75 years, American Heritage has chronicled our nation's history like no other publication. Please support our trusted, non-partisan historical writing and the volunteers that sustain it by donating today. We rely on contributions from readers like you to survive.
Donate