“A ‘Butte’ of a hole in Montana”

Butte Montana, located in the south-west quarter of the state, is and always has been a company town. Butte is situated on what has been called the “richest hill on earth.” The mining rights to this fabulous hill belong to the Anaconda Copper Company. By 1892 the Anaconda Company had become the worl...

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Bibliographic Details
Main Author: Gini, A. R. (Author)
Format: Electronic Article
Language:English
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Published: Springer Science + Business Media B. V 1986
In: Journal of business ethics
Year: 1986, Volume: 5, Issue: 1, Pages: 79-83
Further subjects:B Work Force
B Personal Property
B Twentieth Century
B Copper
B Large Producer
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Summary:Butte Montana, located in the south-west quarter of the state, is and always has been a company town. Butte is situated on what has been called the “richest hill on earth.” The mining rights to this fabulous hill belong to the Anaconda Copper Company. By 1892 the Anaconda Company had become the world's largest producer of copper (a status it enjoyed well into the twentieth century) achieving an output of 100 million pounds. By 1978 “the company” proudly claimed that over 20 billion pounds of copper had been mined from the “richest hill on earth.”, In the past Anaconda has employed approximately one-third of Buttes work force, paid 58% of the county property tax and annually pumped millions of dollars into the local business community. While it is clear that Anaconda and Butte are inextricably wed, since the early 1970's the residents of Butte have come to resent their nearly 100 year marriage of convenience to the copper giant. At present the major area of contention between “the company” and the citizens of Butte found themselves confronting the following predicament: What personal property and fiduciary rights can an ordinary citizen expect to maintain in the face of the needs and requirements of advancing industrial progress?
ISSN:1573-0697
Contains:Enthalten in: Journal of business ethics
Persistent identifiers:DOI: 10.1007/BF02116148