[lbo-talk] the dollar

Doug Henwood dhenwood at panix.com
Fri Apr 29 16:00:41 PDT 2005


Mark S wrote:


>I've occasionally wondered whether or not the industrial decline has
>a class dimension. Does the managerial class hate to get their
>hands dirty in factories? Do the most talented managers prefer to
>live in Manhattan and work in finance instead at a factory head
>office in Pittsburgh?

Oh yeah. The closer you are to production, the lower the prestige.

Doug



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