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Rick Wartzman is a Senior Advisor at the Drucker Institute, where he was Executive Director until early 2016. His books include Obscene in the Extreme, The King of California, and What Would Drucker Do Now? A former writer and editor at the Wall Street Journal and the Los Angeles Times, he currently comments on the future of work for Fortune online. He lives in Los Angeles.
"The End of Loyalty is the rich story of how the corporate bonds
that were once essential to American life have fractured. It's a
prescient book that helps explain the rise of Donald Trump and why
so many people feel anger and an acute sense of loss."--Jill
Abramson, former executive editor of the New York Times
"The End of Loyalty tells a story that needs to be told. Rick
Wartzman vividly describes a world in which corporate leaders
believed that good business meant generating value for their
employees as well as their shareholders, an old-fashioned attitude
whose time may come again. It's a great book."--Anne-Marie
Slaughter, president and CEO of New America and author of
Unfinished Business
"A brilliant, rogue history of American business's transformation
over the past 75 years."--Forbes
"A sharp-edged examination of why large American employers shifted
from loyalty to their workers to loyalty focused primarily on
stockholders. Through deep reporting and anecdotal storytelling,
former Wall Street Journal and Los Angeles Times writer and editor
Wartzman delineates the often shameful evolution of policies by
concentrating on four of the biggest corporations in the world:
Coca-Cola, Kodak, General Motors, and General Electric... A lively
history with relevance to every worker."--Kirkus
"A timely and urgent book. Meticulously written and impressively
researched, Rick Wartzman's The End of Loyalty is a penetrating
account of the end of the golden years of American capitalism and
the unraveling of the social contract. This book will be required
reading for anyone hoping to understand our current age of
anxiety."--Greg Grandin, author of Kissinger's Shadow and
Fordlandia
"In a lucid economic history of the last seventy-five years, Rick
Wartzman's The End of Loyalty convincingly argues that the economic
angst and political turbulence of our moment are linked to the
collapse of a corporate social contract that guided American
economic life for much of the twentieth century. While Wartzman
places much of the blame for this problem on business and a growing
obsession with profit, he challenges all of us-liberals and
conservatives, CEOs and union members-to imagine what a new social
contract might look like."--E. J. Dionne Jr., author of Our Divided
Political Heart and Why the Right Went Wrong
"Rick Wartzman is one of America's finest journalists and this book
reminds us why. The End of Loyalty is the story of an idea-that
companies and workers are bound not just by formal agreements, but
by a deeper social contract. With a historian's sweep and a
novelist's eye for detail, Wartzman shows how that contract
unraveled and what its demise means for all of us. This is a book
people will be reading for many years to understand the American
experience."--Daniel H. Pink, author of Drive, A Whole New Mind,
and To Sell Is Human
"The changing relationship between large American corporations and
their workers in the 20th century provides the basis for this
thoughtful and enlightening volume by Wartzman... Highly
recommended for general readers and those interested in
labor-management issues."--Library Journal
"Wartzman, a senior advisor at the Drucker Institute, documents the
deterioration of company-employee loyalty at some of America's
corporate giants in this insightful economic history...This
impeccably written treatise asserts that it's imperative for
Americans to 'share our prosperity more broadly once again' and
reinstitute a stronger social contract between corporate executives
and the workers who make a company successful."--Publishers
Weekly
"Wartzman, senior advisor at the Drucker Institute, explores what
could be the defining questions of the twenty-first century-where
we were, where we are, and where we are headed in terms of jobs and
the nature of corporate America in all its bitter reality. His
research is excellent and even-handed... Essential reading for
those who have ever worried about their jobs."--Booklist
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