The Business of America

Duration: 44

Year Published: 1983

Creator: California Newsreel

Format: 16mm

Color: Color

Sound: sound

Description: Examines the ability of the traditional American business system to encourage industrial progress and provide for the economic and social needs of America, through a study of United States Steel Corporation's shutdown of its plant in Homestead, Pennsylvania. Scrutinizes the arguments of business that government taxes and regulations have robbed corporations of the profits needed to modernize. Looks at the current investment strategies used by industries, which emphasize acquisitions in more profitable sectors rather than modernization of current facilities. Explores the effects of industrial decline on the steelworkers and their families and considers self-reliant alternatives that the workers are beginning to pursue.

Complete Record: Examines the ability of the traditional American business system to encourage industrial progress and provide for the economic and social needs of America, through a study of United States Steel Corporation's shutdown of its plant in Homestead, Pennsylvania. Scrutinizes the arguments of business that government taxes and regulations have robbed corporations of the profits needed to modernize. Looks at the current investment strategies used by industries, which emphasize acquisitions in more profitable sectors rather than modernization of current facilities. Explores the effects of industrial decline on the steelworkers and their families and considers self-reliant alternatives that the workers are beginning to pursue., NOTE: Two (or more) records have been merged together to create this data.