Labor's share of business growing
The piece surveys who owns American business, contrasting stockholders, pension funds, and labor driven by ESOT proposals. It cites Drucker forecasts and Lundberg's 200,000 plus likely control group, notes pension assets around 300 billion dollars, and reports Humphrey Javits legislation to empower workers with up to 30 percent voting power while warning of potential conflicts as labor influence rises toward 75 percent by 1990.
MENTIONED IN THIS ARTICLE
Wall
Drucker
America
Ferdinand Lundberg
Lundberg
Rockefeller
Bell Telephone System
General Motors
Insurance
Steven D. Gilkenson
Pensions & Investments
Hubert Humphrey
D-Minn
Jacob Javits
R-N.y
Congress
Humphrey-Javits
Javits
Sears, Roebuck & Co
Gilkenson
Teamsters
New York City
Harry Huge
Health and Pension Fund Committee
United Mine Workers
Huge
Hugo
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Emo
Gibson's
Gibson Service Center
W. Cherry
Prestone I Coolant
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National m Bank
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