Having a good, stable job utilized to be the bedrock from the American Dream. Not anymore.

Within this richly complete and eye-opening reserve, Rick Wartzman chronicles the erosion of the relationship between American businesses and their workers. Through the tales of four main employers–General Motors, General Electric powered, Kodak, and Coca-Cola–he shows how big businesses once had taken responsibility for offering their workers and retirees with a range of interpersonal benefits. On the height of the post-World about The End of Commitment: The Rise and Fall of Great Jobs in America War II overall economy, these companies also believed that worker pay needed to be held high in order to preserve morale and keep carefully the economy humming. Efficiency boomed.

But the corporate social contract didn’t last. By tracing the ups and downs of these four corporate and business symbols over seventy years, Wartzman illustrates just how much has been dropped: job security and steadily increasing pay, assured pensions, robust health benefits, and much more. Charting the Golden Age of the ’50s and ’60s; the turbulent many years of the ’70s and ’80s; as well as the development of downsizing, outsourcing, and instability in the present day period, Wartzman’s narrative is usually a biography from the American Dream eliminated sideways.

Deeply researched and compelling, The End of Loyalty will make you rethink how Americans will start to resurrect the middle class.

Finalist for the Los Angeles Times book award in current interestA best business publication of the entire year in economics, Technique+Business