In 1972, some employees made a leveraged buyout of the Chicago and North Western Railway and re-branded it as “Employee-Owned.” The reality was much more complicated and reveals a lot about railroading and American capitalism generally in the 1970s and 1980s. (Bill and Rachel) Links and notes for ep. 461 … Read more
The post The “Employee-Owned” Chicago and North Western Railway: Hype vs Reality – Arsenal For Democracy Ep. 461 appeared first on Arsenal For Democracy.
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