1
2
3
Wealth and Want | |||||||
... because democracy alone is not enough to produce widely shared prosperity. | |||||||
Home | Essential Documents | Themes | All Documents | Authors | Glossary | Links | Contact Us |
Recycling Old Factories Jeff Smith: What the Left Must Do: Share the Surplus
In the 1980s when Ling Temco Voight, Inc. closed
steel mills in the region, Pittsburgh lost its factory.
In nearby Aliquippa, which still taxes land 16 times
higher than buildings, former employees bought one mill
at a price discounted by the underlying land’s tax
liability and re-opened it. Other investors built a new
mill there, keeping the local economy alive.
Read the whole
article
|
|
to email this page to a friend: right click, choose
"send"
|
||||||
Wealth and Want
|
www.wealthandwant.com
|
|||||
... because democracy alone hasn't yet led to a society
in which all can prosper
|