Tuesday, September 26, 2017

Will New York’s Cable Strike Revitalize the Labor Movement — or Kill It?


Charter/Spectrum is already a bloated cable behemoth building toward monopoly. Now it wants to crush the union.


An ongoing strike by 1,800 members of the International Brotherhood of Electrical Workers (IBEW) Local 3 in New York, against the cable giant Charter/Spectrum, could well determine whether the American labor movement has a fighting chance for a revival. The strike has gone on for almost six months, and many of the union families face foreclosure or eviction.  For decades, these workers worked with the company’s corporate predecessors, made a living wage, had decent benefits, sent kids to college and made profits for their employer.

But Charter/Spectrum is not your cable company of yesteryear. These striking workers are up against a multibillion-dollar behemoth that approaches being a 21st-century version of the Rockefeller Standard Oil Trust of the 19th century. How it got so big so fast is another example of our “regulators” — and too many of our elected officials — falling captive to whatever big capital requires to get bigger, no matter what the collateral damage. A couple of thousand New York-area families is nothing to this crew. It has grand designs on global domination.  Just check out  Charter/Spectrum’s board.

Charter/Spectrum is the nation’s fastest growing cable provider, and the second-largest, serving 25 million households spread out across 41 states.  In New York City, it also owns NY1, the city’s dominant 24/7 cable news outlet. The architect of Charter/Spectrum's meteoric ascendancy from bankruptcy, in 2009, to near national monopoly in many parts of the country, is Tom Rutledge, a cable executive who lives in Connecticut. Last year, he was awarded $100 million in compensation, mostly in stock options, which could make him (depending on which list you prefer) the highest-paid CEO in the United States. 

Click here for the full article. 

Source: Salon.com (via The Empire Report) 

Related story: Cuomo Exhorts Strikers But Won’t Broker Deal

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