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Notes:
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McDonald: There’s something else, too, beyond this issue of perspective. It is always hard to communicate any sort of abstract idea to someone else, let alone get any acceptance of it. But when there is some agreement on the factual or historical background of that idea, the possibilities for general agreement expand enormously. In other words, the kind of historical work we have been talking about can help provide semantic abbreviations that, in turn, facilitate communication.Tedlow: I couldn’t agree more. One of the most important functions of business history is to make sure that the analogies we use in thinking about things are correct.McCraw: Look, we all agree that history is a way of thinking—a way of searching for patterns and trying to see if such patterns recur from one situation to another. It helps us think about the parameters of what’s possible, what the boundaries of likely action or possible success are. It is a search for pattern.
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Tedlow: Let’s not forget another, equally important use of history—that is, simply getting things, events, and facts into shared memory. Let me give you a specific example. When we talk about labor and government in our courses here, it is important for our students to know something about, say, the [General Motors] Flint Strike in Michigan in 1936–1937. Why? Well, when our students get into management and have to deal with workers and unions, the people across the table will have heard about that strike. For many years, UAW journals and magazines commemorated it and carried accounts of the celebrations and speeches with which the unions have kept the memory of that strike alive. It is terribly important for our students to know this kind of stuff because they are going to have to deal with the heritage of disrespect that has grown up between unions and management.
