The United States economy has gone through many drastic changes over the past 20 years. There are economists who argue that many of the changes that have occurred have been positive. However, Simon Head wrote “The New Ruthless Economy” with the intention of debunking some theories about the booming economy and directly opposing the idea that many changes in the workforce experienced in the last 20 years have been harmful to the economy itself. The first main idea of the book is the correlation that is drawn between the stagnant wages of workers and the rise of information technology in the 1990s. A common belief is that information technology was a major contributor to the “golden years” of the 1990s, but Head believes that while this simplified some things and helped companies grow, it left the worker in an awkward position. The rise of information technology began to threaten the job security of many Americans as machines became increasingly integrated into workplaces, all but replacing the need for human labor. The original cause of inequality in America was the increasing globalization of manufacturing. Low wages for international workers have pushed factories out of the United States, and many Americans have struggled to lose their jobs to foreign entities, thus damaging the economy. This was while companies were developing the concepts of reengineering and enterprise resource planning (ERP). These new developments are designed to simplify and accelerate specific business processes by integrating information technology into an organization. However, these concepts were also based on the use of old industrial assembly line techniques, or what we know as “Fordism” principles in order…middle of paper…last), in turn influencing the results of work (job satisfaction, absenteeism, work motivation and performance), (Hackman, JR, & Oldham, GR 1976).” There must be something managers are missing due to constant employee dissatisfaction. I think exactly what Simon Head thinks about the workforce: principles need to be changed to stabilize it. However, I don't believe the workforce has been or will ever be stable. Much of the unemployment is due to a lack of motivation to pursue or know-how for social interaction. We can only question any unethical practices and do our best to maintain a stable economy for our country. As long as we have happy workers, they will continue to go to work and work hard, to come home and work hard, and to spend the money they earn on their days off. Any worries about the economy, cost of living, or unemployment will vanish.
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