The United States did not have a large defense industry for most of its history. Because threats were episodic rather than continuous, the traditional practice was to mobilize the commercial economy for war production when danger arose, and then demobilize when it had passed.
One unique feature of recent local minimum wage battles is the focus on franchise businesses.
In Seattle, for instance, a minimum wage of $15 took effect in 2015 with multiple phase-in paths that depend on the business size (as measured by number of employees), with smaller businesses being granted more time to adapt to the mandate. Under the Seattle law, an independent, locally-owned franchise business is treated like the larger corporate entity from which the franchise business gets its brand-name and trademark.
When the Army and Air Force split to become separate military services after World War Two, the Air Force got almost all of the fixed-wing aircraft, and the Army got almost all of the helicopters. Today, 70 years later, the U.S. Army is the biggest operator of helicopters in the world, and every facet of its approach to conducting land warfare is shaped by the availability of vertical-lift assets.
In Soren Kaplan’s book, Leapfrogging, he correctly says “Here’s the issue: Disruptive innovation isn’t how innovation works in the real world when you’re in the process of doing it – only in retrospect by storytellers.” He rightly argues that you don’t set out to be “disruptive,” you set out to make something innovative. The scale and impact of that innovation is determined in the marketplace and only history will determine if the innovation was a game-changer.
“Whether they're battle-tested veterans or fresh-faced newbies, entrepreneurs undergo an intense learning process when establishing and launching a business,” says a recent article in Entrepreneur magazine (Entrepreneur magazine, April 21, 2014). “Even those who've been through it before typically face a certain amount of uncertainty. That's why it's critical that they learn as much as possible about their specific area of business as well as entrepreneurship as a whole. “