GGR254H1 Lecture Notes - Lecture 8: Thomas Sugrue, Blue-Collar Worker, Circulating Capital
Document Summary
South, business friendly plan, low taxes, worker class, low levels of cost as result of state regulation. Dominated by few large industrial firms: to re0create pittsburgh as more profitable place to do business. All the little dots are steel mills: from blue collar city to white collar city to make it profitable again. Florida: all this money coming from the mills, going into everything but those mills, strategy by us steel to get money through real estate development. Aluminum country of america: effects of deindustrialization, unemployment. Obviously after industry leave 1/3 will never work full-time when plant leaves community. Mckeesport, long term unemployment as well: loss of income, spend savings to get by, sell homes because don"t make money, declining consumer spending goes through everyone, declining tax base and greater need for state spending. Desperate to develop industry to get people to come back, people spend money (camden), spends tax dollars.
