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Essay / Research Paper Abstract
This 4-page paper provides an analysis (based on three articles) as to why U.S. seems to be lagging behind in productivity and business in comparison to the rest of the world. Bibliography lists 3 sources.
Page Count:
4 pages (~225 words per page)
File: D0_MTecanre.rtf
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Unformatted sample text from the term paper:
In this paper, well be discussing three articles to determine the underlying causes for the current economic and competitive problems faced by the
U.S. today. Other issues we will consider as we study the three articles are whether the social contract is an outdated concept in todays society and whether it helps or
hinders competition; and alternatives that are being put forward by management. Osterman et al (2004) in the article "Working in America: A
Blueprint for the New Labor Market" (MIT Press) notes from the very start that the U.S. presents a dichotomy to the rest of the world: While it can be considered
a "model of freedom and prosperity which countries around the world are seeking to emulate" (p. 1), the U.S. also has experienced income inequality, social dislocation and the decline of
employee union representation. Basically, for unskilled labor, prosperity in the U.S. is non-existent (Osterman et al, 2004). On the other end of the spectrum, those who are faring well economically
are suffering from stress, job insecurity and work/life balance issues (Osterman et al, 2004). And policy-makers in government find their hands tied as well, for political and fiscal reasons (Osterman
et al, 2004). Basically, notes Osterman and his colleagues, "we lack a generally accepted intellectual and policy framework for thinking about the two faces of the current labor market" (p.
2). Dertouzos et al in "Made in America: Regaining the Productive Edge" note that it isnt necessarily the fault of the U.S.
that there is such a competitive gap. Rather, they postulate, other nations have succeeded further than anyone might have thought possible. In succeeding, the authors noted, their markets grew larger,
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