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ERIC Number: ED475470
Record Type: Non-Journal
Publication Date: 2002
Pages: 208
Abstractor: N/A
ISBN: ISBN-1-56720-566-6
The Political Economy of Work in the 21st Century: Implications for an Aging American Workforce.
Sicker, Martin
The prospective place of the aging worker in the employment environment of the 21st century is examined. The following are among the specific topics discussed: (1) the real world of work and retirement; (2) the changing employment environment; (3) the restructuring of business in the United States; (4) globalization and the economy; (5) downsizing and its consequences; (6) the decline of corporate paternalism; (7) restructuring of the workforce; (8) downwaging of the workforce; (9) the question of minimum wage; (10) trends in corporate responsibility; (11) national employment policies; and (12) national economic policies. Key points emerging from the book are as follows: (1) the quintessential problem to be addressed is that of the declining opportunities for well-compensated employment, which in turn leads to fewer customers to purchase the goods and services produced by businesses; (2) acknowledging that society is facing a serious problem is the first step toward solving it; and (3) the United States needs a new mindset to compete and must therefore rethink education and training practices, determine how to get a long-term vision from corporate managers, respond to changing relationships between labor and management, reexamine the relationship between government and business, and find new ways of doing business in a global economy. There are 178 references. (MN)
Greenwood Press (Quorum Books), 88 Post Road West, Westport CT 06881 ($62.95). Tel: 203-226-3571; Web site:
Publication Type: Books; Reports - Research
Education Level: N/A
Audience: Policymakers
Language: English
Sponsor: N/A
Authoring Institution: N/A