The Disposable American

The Disposable American

Layoffs and Their Consequences

Book - 2006
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An account of layoffs in America, their questionable necessity, their overuse, and their devastating impact on individuals at all income levels. Economics journalist Uchitelle explains how, in the mid-1970s, the first major layoffs, a limited response to the inroads of foreign competition, spread and multiplied, in time destroying the notion of job security and the dignity of work. The author traces the rise of job security in the United States to its heyday in the 1950s and 1960s, and then the panicky U-turn. He describes the unraveling through the experiences of both executives and workers, makes clear the ways in which layoffs are counterproductive, and explains how our acquiescence encourages wasteful mergers, outsourcing, the shifting of production abroad, the loss of union protection, and wage stagnation. He argues that government must step in with policies that encourage companies to restrict layoffs and must generate jobs to supplement the present shortfall.--From publisher description.
Publisher: New York : Knopf, 2006.
Edition: 1st ed.
ISBN: 9781400041176
1400041171
Branch Call Number: 331.137 Uchitell 2006
Characteristics: xi, 283 p. ;,25 cm.

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This critique of the American practice of corporate layoffs examines their questionable necessity, the overuse of the practice, and their repercussions for both individuals and the nation.


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StarGladiator
Jun 14, 2014

This book, the Surplus American by Charles Derber, and The Judas Economy by William Wolman and Anne Colamosca, pretty much sum up the state of things today in America. Is it too late? Sorry, but anything short of a complete and violent revolution won't change a thing! [To anyone interested in why I say this, allow me to refer you to a most enlightening comment at the zerohedge.com site: http://www.zerohedge/users/radical-marijuana - - comment starts with, As usual, I thought that . . .]

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