Mention900299

Download triples
rdf:type qkg:Mention
so:text When this country was founded, there had only been 7 corporations... in the... old British colonial United States, at the time of the Declaration of Independence. Six of them were what today we would either call a charity or a utility. ...One corporation, created in the colony of New Haven, was set up solely to make profit. It was such a scandal they had to shut it down within a year and it took 10 years to clean up the mess. The Founders disliked and distrusted corporations. But they believed in collective bargaining, and I can prove that because in 1792 Congress passed the first significant labor law and subsidy law. It was to benefit the cod fishing industry. We got a quarter of our foreign earnings from cod and we were deeply in debt from... the Revolutionary War. So it was important we had foreign earnings. ...o address ...harassment by the British Navy the cod fishing industry wanted a subsidy, and Thomas Jefferson ...ordered a study and concluded that those ships that only paid wages to their fishermen should be excluded. But if... the workers were paid partly in the share of the profits... then you got the subsidy, and 5/8 of the subsidy went to the workers and 3/8 to the company. ...hat sounds a lot like collective bargaining. (en)
so:isPartOf https://en.wikiquote.org/wiki/David_Cay_Johnston
so:description David Cay Johnston: The Perils Of Our Growing Inequality (Jun 1, 2014) (en)
Property Object

Triples where Mention900299 is the object (without rdf:type)

qkg:Quotation853018 qkg:hasMention
Subject Property