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

Explore the transformation of employer-employee relationships in America through this insightful book talk featuring Rick Wartzman. Delve into the post-World War II era's strong social contract between companies and workers, and examine its erosion over recent decades. Learn about the experiences of four major employers - General Motors, General Electric, Kodak, and Coca-Cola - as Wartzman discusses his book "The End of Loyalty: The Rise and Fall of Good Jobs in America." Gain valuable insights into topics such as corporate culture, lifetime employment, the impact of technological advancements, and the changing nature of work in the information economy. Analyze the factors contributing to the decline of long-term employment, good wages, and benefits, and consider potential solutions for addressing income volatility and workforce challenges in today's economy. Join this thought-provoking discussion moderated by Neil Irwin, senior economics correspondent for The New York Times, to better understand the complex dynamics shaping modern labor markets and their implications for workers and businesses alike.

Introduction
The history of large companies
The Golden Age
Corporate Culture
Lifetime Employment
Apple vs Kodak
Why do people feel left behind
How the model came undone
Corporate social responsibility
Lessons from the past
Major companies paying a price
The asymmetry
Walmart
Loyalty in the Information Economy
Is there a tradeoff between having efficient wellrun companies
Silicon Valleys invisible work force
Volatile incomes
Thank you Larry
General Motors
Earned Income Tax Credit
Minimum Wage Increase
Corporate Governance
Trade
China
Question from Twitter