this post was submitted on 03 Dec 2023
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Documentaries (Solarpunk)

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Collision Course - How Eastern Airlines eliminated middle management and gave their Union Workers partial ownership to save the company from bankruptcy (archive.org)
submitted 2 years ago by ProdigalFrog@slrpnk.net to c/documentaries@slrpnk.net
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[–] ProdigalFrog@slrpnk.net 3 points 2 years ago* (last edited 2 years ago)

current corporate structure isn’t about responding to market incentives so much as enforcing a class hierarchy no matter the cost.

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I was astonished when Frank Borman revealed that other CEO's in the industry essentially scolded him for capitulating to his unions despite the profits it resulted in, and would've rather sink the company than let workers have more power. A surprising moment of candor that leaves no doubt it's about keeping everyone below them 'in their place' for fear of losing their grip.