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The End of Loyalty: The Rise and Fall of Good Jobs in America

Rick Wartzman
Format
Book
Published
New York : PublicAffairs, [2017]
Edition
First edition
Language
English
ISBN
9781586489144, 1586489143
Summary
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. Deeply researched and compelling, The End of Loyalty will make you rethink how Americans can begin to resurrect the middle class.
Contents
  • The scramble for 58 million jobs
  • Take this job and love it
  • The making of industrial peace
  • Smug nation
  • Strains beneath the surface
  • White male wanted
  • The unraveling
  • Going backward
  • Living and dying by the numbers
  • The betrayal
  • The new face of capitalism.
Description
vii, 418 pages : illustrations ; 25 cm
Notes
Includes bibliographical references (pages 369-392) and index.
Technical Details
  • Access in Virgo Classic
  • Staff View

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