DOWNSIZING TO CORPORATE ANOREXIA WHILE DISMANTLING THE MIDDLE CLASS: ARE WE IN DANGER OF RECREATING THE 1920S?

Corporate downsizing has run rampant on the American scene during the 1990s. Indeed, Business Week claimed it had become a fad. Ironically, the new “lean and mean” look did not apply to CEO compensation packages. More critically, corporate downsizing hurt middle class purchasing power. The Big Lie t...

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Bibliographic Details
Main Author: Thomas Winpenny
Format: Article
Language:English
Published: Economic & Business History Society 1999-06-01
Series:Essays in Economic and Business History
Online Access:https://www.ebhsoc.org/journal/index.php/ebhs/article/view/294