The End of Loyalty

The End of Loyalty

The Rise and Fall of Good Jobs in America

eBook - 2017
Average Rating:
1
Rate this:
In this richly detailed and eye-opening book, Rick Wartzman chronicles the erosion of the relationship between American companies and their workers. Through the stories of four major employers--General Motors, General Electric, Kodak, and Coca-Cola--he shows how big businesses once took responsibility for providing their workers and retirees with an array of social benefits. At the height of the post-World War II economy, these companies also believed that worker pay needed to be kept high in order to preserve morale and keep the economy humming. Productivity boomed. But the corporate social contract didn't last. By tracing the ups and downs of these four corporate icons over seventy years, Wartzman illustrates just how much has been lost: job security and steadily rising pay, guaranteed pensions, robust health benefits, and much more. Charting the Golden Age of the '50s and '60s; the turbulent years of the '70s and '80s; and the growth of downsizing, outsourcing, and instability in the modern era, Wartzman's narrative is a biography of the American Dream gone sideways. --
Publisher: [S.l.] : PublicAffairs, 2017
Edition: First edition
ISBN: 9781610399708
Characteristics: 1 online resource
Additional Contributors: 3M Cloud Library

Opinion

From the critics


Community Activity

Comment

Add a Comment

d
devsalz
Sep 19, 2017

A very even handed look at the employee/employer relationship from WW2 on. After the war, some enlightened business men saw a greater good in providing good jobs with a fair income. They also saw that offering employees a fair deal kept the government at bay and kept labor peace.

As time went on and the low hanging economic gains came and went, the innate greed of the corporations manifested itself. Capitalism must always have more and more. Eventually, much of the gains came by shortchanging workers. No real solutions are offered but, the book is eye opening about the true nature of business.

Age

Add Age Suitability

There are no ages for this title yet.

Summary

Add a Summary

There are no summaries for this title yet.

Notices

Add Notices

There are no notices for this title yet.

Quotes

Add a Quote

There are no quotes for this title yet.

Explore Further

Subject Headings

  Loading...

Find it at TCCL

  Loading...
[]
[]
To Top