The Dig: Next Shift w/ Gabriel Winant
Jacobin Radio
00:00
The Steel Industry, the Management of the Steel Industry
In the 19 forties and 19 fifties, steel makers accepted massive subsidies from the federal government to expand capacity. The firms pursued through extensive, not intensive, growth, more and bigger plants rather than more technically advanced and efficient ones. But ultimately, squeezing workers in this way couldn't solve the industries columns. Why? What did they misunderstand about the larger structure of the steel economy? And how did it all come apart? You know, i have to admit that the book doesn't actually fully answer this question. I sort of didn't set out too, because it's jus a sort of full debate in its own right.
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