Co-published by Fast Company
My young father’s blue-collar jobs were his escalator into California’s middle-class. The rising cost of living has put an end to such opportunities.
My friend, mentor and colleague, Rev. James Lawson, calls our economic system “plantation capitalism.” Lawson was the nonviolent strategist for Martin Luther King Jr. during the civil rights movement and the key figure in the desegregation of Nashville. His reference, of course, pulls forward the image of enslaved field workers in the Old South. The […]
Lawsuits alleging wage and hour violations are on the rise, but a case currently before the Supreme Court could tilt the balance of power toward employers in wage theft cases. The Supreme Court heard oral arguments in Symczyk v. Genesis Healthcare Corp. on Monday; the American Prospect summarizes the details of the case: The case involves a lawsuit […]
There is little disagreement that consumer spending is a critical driver of American economic growth. The recession that began in 2007, while precipitated by the meltdown in the financial sector, is at root a crisis of aggregate demand. The halting recovery has been punctuated by disappointing monthly job reports and—just as important—by gloomy predictions from […]
(This post first appeared on the Drucker Exchange, a daily blog produced by the Drucker Institute at Claremont Graduate University. It appears here with permission.) The man who proved Karl Marx wrong was, according to Peter Drucker, American management expert Frederick Taylor. Taylor had the insight that factory workers could be made more productive through improvements in technology and management—rather […]