There Are In This Country Two Very Large Monopolies.

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There are in this country two very large monopolies. The larger of the
two has the following record: The Vietnam War, Watergate, double-digit
inflation, fuel and energy shortages, bankrupt airlines, and the 8-cent
postcard. The second is responsible for such things as the transistor,
the solar cell, lasers, synthetic crystals, high fidelity stereo recording,
sound motion pictures, radio astronomy, negative feedback, magnetic tape,
magnetic "bubbles", electronic switching systems, microwave radio and TV
relay systems, information theory, the first electrical digital computer,
and the first communications satellite. Guess which one is going to tell
the other how to run the telephone business? I can hardly wait for the