I am not talking about watching workers punch time card type of managers - I am talking about managers deciding to cut investment in their own factories so they can pocket the money, to cut back on quality control spending to pocket the money, to cut down on research to pocket their own money, etc.
The Steel industry was hurt just as much from labor costs as they were from inept managers refusing to modernize and learn how to make new type of steel in new ways in new factories.
Both share the blame in some measure and the pox on both of them. God bless and protect the small yoeman self employed business person.
Here is a serious question. How old are you and what is your work experience? I dont mean it is a sinister way I just want a handle on where your perspective comes from.