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The new ruthless economy : work & power in the digital age / Simon Head.

LIBRA HC106.83 .H4 2003
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Format:
Book
Author/Creator:
Head, Simon.
Language:
English
Subjects (All):
Capitalism--Moral and ethical aspects--United States.
Capitalism.
Business ethics--United States.
Business ethics.
Globalization--Moral and ethical aspects.
Labor economics.
Compensation management.
Industrial management--Moral and ethical aspects.
Capitalism--Moral and ethical aspects.
United States.
Industrial management--Moral and ethical aspects--United States.
Industrial management.
Compensation management--Moral and ethical aspects--United States.
Labor economics--Moral and ethical aspects--United States.
Globalization--Moral and ethical aspects--United States.
Globalization.
United States--Economic conditions--2001-2009--Moral and ethical aspects.
Economic conditions.
Physical Description:
xviii, 222 pages ; 24 cm
Place of Publication:
New York : Oxford University Press, 2003.
Summary:
In the great boom of the 1990s, top management's compensation soared, but the wages of most Americans barely grew at all. This wage stagnation has baffled experts, but in The New Ruthless Economy, Simon Head points to information technology as the prime cause of this growing wage disparity.
Many economists, technologists, and business consultants have predicted that IT would liberate the work force, bringing self-managed work teams and decentralized decision making. Head argues that the opposite has happened. Reengineering, a prime example of how business processes have been computerized, has instead simplified the work of middle and lower level employees, fenced them in with elaborate rules, and set up digital monitoring to make sure that the rules are obeyed. This is true even in such high-skill professions as medicine, where decision-making software in the hands of HMOs decides the length of a patient's stay in hospital and determines the treatments patients will or will not receive.
In lower-skill jobs, such as in the call center industry, workers are subject to the indignity of scripting software that lays out the exact conversation, line by line, which agents must follow when speaking with customers. Head argues that these computer systems devalue a worker's experience and skill, and subject employees to a degree of supervision which is excessive and demeaning. The harsh and often unstable work regime of reengineering also undermines the security of employees and so weakens their bargaining power in the workplace.
Drawing upon ten years of research in work places across America, ranging from medical offices to machine tool plants, Head offers dramatic insight into the impact of information technology on the quality of working life in the United States.
Contents:
1. A New Economy? 1
2. The Roots of Mass Production 17
3. The Past Alive: Automobiles 38
4. The Rise of the Reengineers 60
5. The Customer Relations Factory 80
6. On the Digital Assembly Line 100
7. The Scientific Management of Life
and Death: Part I 117
8. The Scientific Management of Life
and Death: Part 2 136
9. Foucault's Tower 153
10. The Economics of Unfairness 170.
Notes:
"A Century Foundation book."
Includes bibliographical references (pages 191-211) and index.
ISBN:
0195166019
OCLC:
52127767

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