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Author: New York Times
Publisher: Three Rivers Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
The Downsizing of America is a fact filled investigative report telling the story of why millions of Americans are losing good jobs and why they are right to worry about the future
Author: New York Times
Publisher: Three Rivers Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 372
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Book Description
The Downsizing of America is a fact filled investigative report telling the story of why millions of Americans are losing good jobs and why they are right to worry about the future
Author: William J. Baumol
Publisher: Russell Sage Foundation
ISBN: 9780871541383
Category : Business & Economics
Languages : en
Pages : 331
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Book Description
In the 1980s and early 1990s, a substantial number of U.S. companies announced major restructuring and downsizing. But we don't know exactly what changes in the U.S. and global economy triggered this phenomenon. Little research has been done on the underlying causes of downsizing. Did companies actually reduce the size of their workforces, or did they simply change the composition of their workforces by firing some kinds of workers and hiring others? Downsizing in America, one of the most comprehensive analyses of the subject to date, confronts all these questions, exploring three main issues: the extent to which firms actually downsized, the factors that triggered changes in firm size, and the consequences of downsizing. The authors show that much of the conventional wisdom regarding the spate of downsizing in the 1980s and 1990s is inaccurate. Nearly half of the large firms that announced major layoffs subsequently increased their workforce by more than 10 percent within two or three years. The only arena in which downsizing predominated appears to be the manufacturing sector-less than 20 percent of the U.S. workforce. Downsizing in America offers a range of compelling hypotheses to account for adoption of downsizing as an accepted business practice. In the short run, many companies experiencing difficulties due to decreased sales, cash flow problems, or declining securities prices reduced their workforces temporarily, expanding them again when business conditions improved. The most significant trigger leading to long-term downsizing was the rapid change in technology. Companies rid themselves of their least skilled workers and subsequently hired employees who were better prepared to work with new technology, which in some sectors reduced the size of firm at which production is most efficient. Baumol, Blinder, and Wolff also reveal what they call the dirty little secret of downsizing: it is profitable in part because it holds down wages. Downsizing in America shows that reducing employee rolls increased profits, since downsizing firms spent less money on wages relative to output, but it did not increase productivity. Nor did unions impede downsizing. The authors show that unionized industries were actually more likely to downsize in order to eliminate expensive union labor. In sum, downsizing transferred income from labor to capital-from workers to owners
Author: Thomas H. Naylor
Publisher: Wm. B. Eerdmans Publishing
ISBN: 9780802843302
Category : Business & Economics
Languages : en
Pages : 300
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Book Description
In this trenchant analysis of American society, Thomas Naylor and William Willimon take an unabashed stance against the belief that "bigger is better" and contend that there is a price to be paid for our uncritical affirmation of bigness.
Author: Matthew A. Crenson
Publisher: JHU Press
ISBN: 142143735X
Category : Political Science
Languages : en
Pages : 387
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Book Description
Originally publushed in 2002. In Downsizing Democracy, Matthew A. Crenson and Benjamin Ginsberg describe how the once powerful idea of a collective citizenry has given way to a concept of personal, autonomous democracy. Today, political change is effected through litigation, lobbying, and term limits, rather than active participation in the political process, resulting in narrow special interest groups dominating state and federal decision-making. At a time when an American's investment in the democratic process has largely been reduced to an annual contribution to a political party or organization, Downsizing Democracy offers a critical reassessment of American democracy.
Author: David McCormick
Publisher: NYU Press
ISBN: 9780814755846
Category : History
Languages : en
Pages : 288
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Book Description
A former Army officer and Gulf War veteran takes a critical look at the adverse effects of downsizing on the U.S. Army. Though executed with compassion and precision, downsizing undermines morale and threatens the Army at its core. David McCormick demonstrates how the Army's experience in downsizing is instructive for all organizations--government, corporate, and nonprofit alike.
Author: Chris Edwards
Publisher: Cato Institute
ISBN: 1933995513
Category : Political Science
Languages : en
Pages : 263
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Book Description
The federal government is running huge budget deficits, spending too much, and heading toward a financial crisis. Federal spending soared under President George W. Bush, and the costs of programs for the elderly are set to balloon in coming years. Hurricane Katrina has made the federal budget situation even more desperate. In Downsizing the Federal Government Cato Institute budget expert Chris Edwards provides policymakers with solutions to the growing federal budget mess. Edwards identifies more than 100 federal programs that should be terminated, transferred to the states, or privatized in order to balance the budget and save hundreds of billions of dollars. Edwards proposes a balanced reform package of cuts to entitlements, domestic programs, and excess defense spending. He argues that these cuts would not only eliminate the deficit, but also strengthen the economy, enlarge personal freedom, and leave a positive fiscal legacy for the next generation. Downsizing the Federal Government discusses the systematic causes of wasteful spending, and it overflows with examples of federal programs that are obsolete and mismanaged. The book examines the budget process and shows how policymakers act contrary to the interests of average Americans by favoring special interests.
Author: David Ekerdt
Publisher: Columbia University Press
ISBN: 0231548559
Category : Social Science
Languages : en
Pages : 157
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Book Description
As life unfolds, things tend to accumulate. When older adults undergo health, residential, and marital changes, they will face a reckoning with their lifelong store of possessions—special, ordinary, and forgotten. Such a predicament now confronts tens of millions of Americans as the Baby Boom cohort passes into retirement and beyond. Despite what a thriving industry of clutter manuals tells us, for most older adults, downsizing is no simple task. Drawing on in-depth interviews with recent movers in over a hundred diverse U.S. households, David Ekerdt analyzes the downsizing process and what it says about the meaning and management of possessions. He details how households approach and accomplish downsizing, exploring the decision-making process and the effectiveness of different strategies. From an expert gerontological perspective, he considers the cognitive, physical, emotional, and social tasks that the process entails and the role of factors such as gender and class on the divestment of things. Ekerdt finds that despite the fatigue and emotional challenges people encounter, afterward they report satisfaction in having completed a downsizing and feel empowerment on the other side of the task. Offering an empathetic and practical look at one of life’s major transitions, Downsizing brings forward the voices of elders so that older adults, their families and friends, and practitioners working with older clients can understand and benefit from their experience.
Author: Louis Uchitelle
Publisher: Vintage
ISBN: 1400034337
Category : Business & Economics
Languages : en
Pages : 306
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Book Description
A timely, eye-opening account from an award-winning reporter that reveals how layoffs in America are counterproductive and what companies can do to avoid them and help create jobs, benefiting workers, corporations, and the nation as a whole. “Effectively wrecks the claim that all this downsizing makes the country more productive, more competitive, more flexible…. A strong case that the whole middle class is at risk.” —The New York Times Layoffs have become a fact of life in today’s economy; initiated in the mid 1970s, they are now widely expected, and even accepted. It doesn’t have to be that way. In The Disposable American, Louis Uchitelle offers an eye-opening account of layoffs in America–how they started, their questionable necessity, and their devastating psychological impact on individuals at all income levels. Through portraits of both executives and workers at companies such as Stanley Works, United Airlines, and Citigroup, Uchitelle shows how layoffs are in fact counterproductive, rarely promoting efficiency or profitability in the long term. Recognizing that a global competitive economy makes tightening necessary, Uchitelle offers specific recommendations for government policies that would encourage companies to avoid layoffs and help create jobs.
Author: Michael Moore
Publisher: Pan
ISBN: 9780330419154
Category : American Wit And Humour
Languages : en
Pages : 278
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Book Description
Michael Moore has established himself as someone who just won't shut up, go away, or otherwise do what political and corporate fat cats would like him to do. He lifts the veil on the people who set themselves up as role models and exposes their vulnerable underbellies.
Author: Rick Wartzman
Publisher: PublicAffairs
ISBN: 9781541724020
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
Having a good, stable job used to be the bedrock of the American Dream. Not anymore. 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. Finalist for the Los Angeles Times book prize in current interestA best business book of the year in economics, Strategy+Business
