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Schumer also leaves out a key aspect of the history of corporate
responsibility, one that most of the historians here take up. Corporations
had to contend with strong unions. This helped reinforce stakeholder
responsibility when the morality of CEOs failed. The demise of unions was
no accident, and it was not coincidental to the demise of corporate
responsibility. While even the historians who agree with Schumer mention
unions, the historians who disagree move unions to the center of the
discussion.

Specifically, the rise of so-called right-to-work states lured corporations
to the south and the sunbelt, where their stakeholder responsibilities were
far less (Jonathan Bean
<http://historychecked.com/senator-chuck-schumer-says-corporations-used-to-care-heres-how-historians-responded/#Bean>).
Rosemary Feurer
<http://historychecked.com/senator-chuck-schumer-says-corporations-used-to-care-heres-how-historians-responded/#Feurer>
has
questions about this: “Ask textile communities in the North how much
corporations cared about the devastating effect of relocating. Ask
African-Americans in Detroit how many of their jobs, newly won, were lost
to corporate decisions of automakers to relocate jobs to the South.” She
also has questions for Schumer, questions that could be turned into policy,
if we are serious about returning to a time when corporation responsibility
received at least lip service: “And ask Schumer what the Democratic Party
did to stop this in this time. Instead, the party at the time sought to
grow the economy without any intervention in this dynamic, despite the
attempt of unions to gain some control over these relocations.”

https://historynewsnetwork.org/blog/154198
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