Myth has also played a part in concealing the effort of the modern corporation to minimize insecurity. There is a surviving conviction, even on the part of the executives of the largest business corporations, that they live dangerously. Almost no large industrial corporation in the United States, which is also large in its industry, has failed or been seriously in danger of insolvency in many years. Where there has been danger, the government has come to the rescue. The security of tenure of corporation executives is remarkably high. So is their remuneration.
