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Goldy and Paul interview author Rick Wartzman about how America's biggest employer (Walmart) began taking better care of its workers (by raising wages)—and why that decision might be too little, too late. According to Wartzman, Walmart has gone through a remarkable transformation, but there are limits to how much positive change this brand of socially conscious capitalism can create. Rick Wartzman is head of the KH Moon Center for a Functioning Society at the Drucker Institute, a part of Claremont Graduate University. He's the author of several books including The End of Loyalty: The Rise and Fall of Good Jobs in America, Obscene in the Extreme: The Burning and Banning of John Steinbeck's The Grapes of Wrath, and The King of California: J.G. Boswell and the Making of a Secret American Empire. Twitter: @RWartzman Still Broke https://www.publicaffairsbooks.com/titles/rick-wartzman/still-broke/9781549156250 Walmart and McDonald's have the most workers on food stamps and Medicaid, new study shows https://www.washingtonpost.com/business/2020/11/18/food-stamps-medicaid-mcdonalds-walmart-bernie-sanders Website: http://pitchforkeconomics.com Twitter: @PitchforkEcon Instagram: @pitchforkeconomics Nick's twitter: @NickHanauer
Hosted by Andrew Keen, Keen On features conversations with some of the world's leading thinkers and writers about the economic, political, and technological issues being discussed in the news, right now. In this episode, Andrew is joined by Rick Wartzman, author of Still Broke: Walmart's Remarkable Transformation and the Limits of Socially Conscious Capitalism. Rick Wartzman is head of the KH Moon Center for a Functioning Society at the Drucker Institute, a part of Claremont Graduate University. His commentary for Fast Company was recognized by the Society for Advancing Business Editing and Writing with its Best in Business award for 2018. He has also written for Fortune, Time, Businessweek, and many other publications. His books include The End of Loyalty: The Rise and Fall of Good Jobs in America, which was a finalist for the Los Angeles Times Book Prize in Current Interest and named one of the best books of 2017 by strategy+business; Obscene in the Extreme: The Burning and Banning of John Steinbeck's The Grapes of Wrath, which was a finalist for the Los Angeles Times Book Prize in History and a PEN USA Literary Award; and The King of California: J.G. Boswell and the Making of a Secret American Empire (with Mark Arax), which won a California Book Award and the William Saroyan International Prize for Writing. Learn more about your ad choices. Visit megaphone.fm/adchoices
Hosted by Andrew Keen, Keen On features conversations with some of the world's leading thinkers and writers about the economic, political, and technological issues being discussed in the news, right now. In this episode, Andrew is joined by Rick Wartzman, author of Still Broke: Walmart's Remarkable Transformation and the Limits of Socially Conscious Capitalism. Rick Wartzman is head of the KH Moon Center for a Functioning Society at the Drucker Institute, a part of Claremont Graduate University. His commentary for Fast Company was recognized by the Society for Advancing Business Editing and Writing with its Best in Business award for 2018. He has also written for Fortune, Time, Businessweek, and many other publications. His books include The End of Loyalty: The Rise and Fall of Good Jobs in America, which was a finalist for the Los Angeles Times Book Prize in Current Interest and named one of the best books of 2017 by strategy+business; Obscene in the Extreme: The Burning and Banning of John Steinbeck's The Grapes of Wrath, which was a finalist for the Los Angeles Times Book Prize in History and a PEN USA Literary Award; and The King of California: J.G. Boswell and the Making of a Secret American Empire (with Mark Arax), which won a California Book Award and the William Saroyan International Prize for Writing. Learn more about your ad choices. Visit megaphone.fm/adchoices
In this episode, Neil, Niki, and Natalia discuss the anxiety over automation, new treatments for male baldness, and the controversial Trump spiritual advisor Paula White. Support Past Present on Patreon: https://www.patreon.com/pastpresentpodcast Here are some links and references mentioned during this week’s show: Automation and its effect on American jobs was a core theme at this month’s Democratic debate. Natalia referred to Rick Wartzman’s book The End of Loyalty: The Rise and Fall of Good Jobs in America, excerpted in POLITICO. Natalia also referenced this timeline chronicling fears of automation, at A raft of new products has emerged to fight an old problem: baldness. Natalia recommended Danielle Friedman’s InStyle article about the rebranding of baldness remedies by the wellness industry. Trump spiritual advisor Paula White has written a new book, endorsed by several evangelical leaders who once distanced themselves from her. Niki drew on Kelsey McKinney’s Buzzfeed article about televangelist Jim Bakker. In Episode 24, we discussed “Trump’s Evangelicals.” In our regular closing feature, What’s Making History: Natalia recommended a podcast on which she appears at a comedy club, “Nevertheless, She Existed.” Neil discussed Joseph Berger’s New York Times article, “How Amazon Has Transformed the Hasidic Economy.” Niki shared Austin Grossman’s Atlantic article, “Monocles Were Never Cool.”
Tyler and Shelby discuss a new WordPress platform for local news organizations and how the Coalition for Better Ads has announced their plans to roll out their standards internationally. They also talk about how Magento's move to PWA and how The Financial Times is building brand loyalty among young readers.
This is the BEST book I have ever read in terms of being well researched and giving us a clear picture what has happened in the past, what is going on now, and what we can expect in the future regarding the relationships between corporations and their employees (or contractors). Business Builders Show with Marty Wolff is proud to present Rick Wartzman, the director of the KH Moon Center for a Functioning Society at the Drucker Institute, a part of Claremont Graduate University.This Business Builders Show interview is distributed by www.c-suiteradio.comThis interview MUST be listened to more than once! Rick Wartzman's book The End of Loyalty: The Rise and Fall of Good Jobs in America, is a MUST read and STUDY for corporations, employees, freelancers, labor officials and economists.You can find Rick Wartzman on Linkedin and Twitter @rwartzman.Thanks for listening and learning with me on www.c-suiteradio.comNeed help attracting and retaining the very best talent? Talk to my Business Builders Show sponsor, Dave Nast, about the Predictive Index. Learn more at www.nastpartners.com See acast.com/privacy for privacy and opt-out information.
Today, almost half of the American workforce earns less than $15 per hour and a third of working-age men are either unemployed or unable to keep a family of four out of poverty. Few have sufficient savings to retire with, while businesses continue to push healthcare and other social safety costs onto their employees. Yet American companies are far from struggling. Is the contract between employee and employer broken? In his new book, The End of Loyalty, Rick Wartzman chronicles the erosion of the relationship between American companies and their workers through the histories of four major American employers — General Motors, General Electric, Kodak, and Coca-Cola. Wartzman argues that big businesses once took responsibility for providing their workers and retirees with an array of social benefits, but in a twenty-first century economy turbocharged by the pace of technology, access to a good, stable job no longer guarantees access to the American Dream. The cause, he says, is clear: the American workforce cannot thrive if it clings to systems that preference shareholders over employees and productivity over morale. Join New America NYC for a conversation on the past, present, and future of work — and how technology can play a more constructive role in fostering effective systems for both workers and businesses. PARTICIPANTS Rick Wartzman @RWartzman Senior Advisor and former Executive Director, Drucker Institute Author, The End of Loyalty: The Rise and Fall of Good Jobs in America Ai-jen Poo @aijenpoo Executive Director, National Domestic Workers Alliance Co-director, Caring Across Generations 2014 MacArthur "Genius" Award winner Jessica Lin @jerseejess Co-founder and General Partner, Work-Bench Kristin Sharp @ktsharp2Executive Director, Shift: The Commission on Work, Workers, and Technology, New America
Francesca and Rebecca examine the increasingly tenuous relationship between workers and companies. Lots of people in the gig economy, contract workers, and even salaried employees enter a system that promises freedom from corporate America but doesn’t offer much in the way of comfort and advancement. Guest Rick Wartzman, author of “The End of Loyalty: The Rise and Fall of Good Jobs in America” explains about how we got to this point.
Opportunity in America - Events by the Aspen Institute Economic Opportunities Program
In post-WWII America, workers had a different relationship with their employers than workers do today. Many workers stayed with one company for the long haul, earning solid wages, good benefits, and pensions in exchange for loyalty and hard work. That social contract spurred the creation of the largest, strongest middle class in history. But much has changed in recent decades. In his richly detailed and eye-opening book, Rick Wartzman chronicles the erosion of the relationship between American companies and their workers. Wartzman tells the stories of four major employers — General Motors, General Electric, Kodak, and Coca-Cola. 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. The Economic Opportunities Program and the Financial Security Program host Rick Wartzman to discuss his new book, The End of Loyalty: The Rise and Fall of Good Jobs in America, in a discussion with Neil Irwin, senior economics correspondent for The New York Times. This event is part of Reconnecting Work and Wealth, a joint set of work led by the Economic Opportunities Program and the Financial Security Program. Income and assets are both essential building blocks of household economic security and opportunity, and are intertwined in the economic lives of households. Together EOP and FSP are exploring how critical changes in recent decades are reshaping both labor and financial markets and leaving working families more vulnerable. Through publications, public convenings, and intensive dialogues with leaders in industry, academia, philanthropy, government, and nonprofit organizations, the Aspen Institute is advancing the conversation on how to ensure that hard work can lead to economic stability and mobility in today's economy. Learn more at as.pn/workandwealth. The Economic Opportunities Program advances strategies, policies, and ideas to help low- and moderate-income people thrive in a changing economy. For more information, visit our website at as.pn/eop. Learn about new events and activities by joining our mailing list (as.pn/eopmail) and following us on social media (as.pn/eopsocial).
The American dream used to be founded on the goal of finding a good, stable job to spend the majority of one’s career — but this is no longer the norm. Over the last seventy years, the standard employer-employee relationship has drastically changed. Companies no longer offer the same level of job security, regular pay increases, guaranteed pensions, robust health benefits and other social benefits as they did in the past. This shift in the corporate social contract has taken a toll on loyalty on both sides. Senior Advisor and former Executive Director at the Drucker Institute, Rick Wartzman, discusses his recent book "The End of Loyalty: The Rise and Fall of Good Jobs in America," which chronicles the erosion of the relationship between major American businesses and their workers. Have these new workplace practices decreased morale and productivity? How can America revitalize its middle class? What is the new American Dream? SPEAKER: Rick Wartzman Senior Advisor and Former Executive Director, The Drucker Institute MODERATOR: John Sepulvado Host of The California Report, KQED Public Radio For more information about this event please visit: http://www.worldaffairs.org/event-calendar/event/1739
Rick Wartzman discusses his book The End of Loyalty: The Rise and Fall of Good Jobs in America.