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Weirton Revisited: Finance, the Working Class, and Rustbelt Steel Restructuring.

Authors :
GOLDSTEIN, DON
Source :
Review of Radical Political Economics. Sep2009, Vol. 41 Issue 3, p352-357. 6p.
Publication Year :
2009

Abstract

I met Dave Houston while researching an article on the 1983 employee buyout of Weirton Steel. This contact initiated a journey that led me to a PhD in economics and research on financially driven corporate restructuring in an era of troubled capital accumulation. Dave counseled and practiced a clear-eyed look at the conditions for "acceptable" surplus value extraction when analyzing viable avenues for worker resistance. With a quarter-century's hindsight, this paper applies that approach to an assessment of what restructuring has meant for the industrial working class in steel and related sectors. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
04866134
Volume :
41
Issue :
3
Database :
Academic Search Index
Journal :
Review of Radical Political Economics
Publication Type :
Academic Journal
Accession number :
43799677
Full Text :
https://doi.org/10.1177/0486613409336349