Race to the Bottom reveals the decline of a once proud and successful manufacturing company and its Midwest community.The company’s success, the philantropic leaadership of its founding families, and the pride of an entire city combine to create a uniquely progressive society.The transition from a family business to a public corporation is the beginning of the descent. Absentee owners replace the influence of the company’s founding families with a culture of greed and expedience. New management abandons fundamental principles of long term success for short-term profits and pursuit of personal ambition.Contentious labor negotiations over the relocation of thousands of jobs to Mexico foster mistrust and apprehension..A crisis of far greater magnitude discloses the ultimate corporate betrayal.
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Race to the Bottom reveals the decline of a once proud and successful manufacturing company and its Midwest community. The company's success, the philantropic leaadership of its founding families, and the pride of an entire city combine to create a uniquely progressive society. The transition from a family business to a public corporation is the beginning of the descent. Absentee owners replace the influence of the company's founding families with a culture of greed and expedience. New management abandons fundamental principles of long term success for short-term profits and pursuit of personal ambition. Contentious labor negotiations over the relocation of thousands of jobs to Mexico foster mistrust and apprehension..A crisis of far greater magnitude discloses the ultimate corporate betrayal.
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