The story that follows is a story of how IAM District 100, step by step, escalated a struggle over almost every major issue facing the labor movement today: concessions, control of corporate investment decisions, the power of the financial industry, management- initiated "employee involvement" schemes, workers' education, joint control over large corporate pension funds, and union leadership style. The Machinists at Eastern would begin this struggle on the shop floor and eventually take it to Eastern's stockholders meetings and to the boardrooms of the world's largest financial institutions. In this bleak period for labor, where unions are battling daily against corporate demands for concessions, IAM District 100 had the harder task of ending concessions that had already been granted.
Banks, Andrew R.
"IAM District 100 Vs. Eastern and the Banks,"
Labor Research Review: Vol. 1
, Article 9.
Available at: https://digitalcommons.ilr.cornell.edu/lrr/vol1/iss4/9