Metals & Precious Metals Industries, Trades & Professions, Steel Industry - History, Labor Studies - Unions - History, United States History - Economic Aspects
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Overview
A fascinating close-up view of what ails a great American industry. Authoritative, but eminently readable, it has the makings of a saga of the American economy."--Daniel SchorrPulitzer Prize winner Strohmeyer examines Bethlehem Steel's paradigmatic slide from number-two status in one of America's bellwether industries to near extinction.
Editorials
Library Journal
Pulitzer Prize winner Strohmeyer was editor of the newspaper in Bethlehem, Pennsylvania, for 28 years, a period of decline for American steel. In his analysis, when new technology and competitors came on the scene, a complacent steel industry and its unions ignored ominous signs. The industry failed to adopt new technology on time, allowed management ranks and perquisites to grow too fat. Unions won rigid work rules as well as high pay. He witnessed cost-cutting measures that came too late, and the suffering of managers, workers, and communities due to layoffs and plant shutdowns. The book is thoughtful, fair, and highly readable, though not definitive. His documentation of the self-indulgence common a decade ago at top levels of big industry is fascinating, but his case against union ``rigidity'' is less documented. Frieda Shoenberg Rozen, Labor Studies, Pennsylvania State Univ., University Park, Pa.Book Details
Published
December 1, 1987
Publisher
Penguin USA (P)
Pages
256
Format
Paperback
ISBN
9780140103700