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Reply to "US Steel sold to Nippon Steel"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]For "$14 billion. I can't believe this. US steel was the premier US Corporation! https://www.cnn.com/2023/12/18/investing/us-steel-nippon-steel-deal/index.html[/quote] In business school, we repeatedly covered the history of the American labor movement and particularly how the unions were overwhelmingly responsible for destroying the steel industry in the USA.[/quote] I used to live in Buffalo, NY. What the unions did to ruin Bethlehem Steel was an American travesty. Labor unions over the last half century in the USA have turned into destructive, corrupt organizations.[/quote] And you can place the blame right st the foot of the corporate management. If the owners took even the most minimal effort to improve the safety and compensation for labor then labor would never have needed union in the first place. [/quote]
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