Fear and Loathing on the Low and High Roads
Fear and Loathing on the Low and High Roads
This chapter deals with the national and international competition that was eroding companies' pricing power and market shares by the mid-1980s. It talks about workers in a mature industrial state like Maine who were expected to see their paper industry jobs disappear as production moved overseas and work was automated at home and abroad. It also discusses how the national companies that owned Maine's mills made radical demands on workers and attacked traditional union contracts outright. The chapter cites that Boise Cascade and International Paper Company (IP) provoked strikes by making extreme, untenable demands on workers in their Rumford and Jay, Maine, mills in 1986 and 1987. It probes the union-busting campaigns conducted by Boise Cascade and IP that defined what economists call the low road, which clobbered workers in the quest to quickly raise profits.
Keywords: pricing power, market shares, Maine, paper industry jobs, union contracts, industrial state
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