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- W2528381330 abstract "erosion of its international trade position, its heavy industry and its technological standing. The two decades after World War II witnessed the virtually uncontested international economic supremacy of the United States. However, this special era ended in the wake of the effects of the Vietnam War, the energy crisis and stagflation. Management responded to this growing peril by seeking government aid and retrench ing its mainstream operations rather than increasing productivity by accelerating technological innovation. In its search for higher profits companies in heavy industry disinvested by more internationalizing and conglomerating. These developments hurt the steel workers especially in Youngstown and the Mon Valley with their almost total dependence on the industry for economic viability. By the late 1970's plant closings and job cutbacks produced massive unemployment in both areas. Its effects transcended the damage inflicted on the displaced and their families and caused serious problems for their towns. The immensity of the crisis spurred cooperation among workers, local unions and community groups. In Homestead, Local 1397 of the United Steelworkers of America took the initiative and received reinforcement from community groups especially the Tri-State Conference on Steel, the Mon Valley Unemployed Committee and the Denominational Mission Strategy. These groups devised and implemented survival programs and devel oped plans to improve economic conditions in the Homestead area." @default.
- W2528381330 created "2016-10-14" @default.
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- W2528381330 date "2016-01-01" @default.
- W2528381330 modified "2023-09-27" @default.
- W2528381330 title "THE DEINDUSTRIALIZATION OF AMERICA: HOMESTEAD, A CASE STUDY, 1959-1984 In less than two decades the United States has suffered a serious" @default.
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