To build cooperative shop-floor relations, successful employers have been willing to pay workers higher wages than they could have secured elsewhere in the economy. They have also been willing to offer workers long-term employment security. These policies, Lazonick argues, have not come at the expense of profits but rather have been a precondition for making profits.
Focusing particularly on the role of labor-management relations in fostering "flexible mass production" in Japan since the 1950s, Lazonick criticizes those economists and politicians who, in the face of the Japanese challenge, would rely on free markets alone to restore the international competitiveness of industry in Britain and the United States.
Or split into 4x interest-free payments of 25% on orders over R50
Learn more
To build cooperative shop-floor relations, successful employers have been willing to pay workers higher wages than they could have secured elsewhere in the economy. They have also been willing to offer workers long-term employment security. These policies, Lazonick argues, have not come at the expense of profits but rather have been a precondition for making profits.
Focusing particularly on the role of labor-management relations in fostering "flexible mass production" in Japan since the 1950s, Lazonick criticizes those economists and politicians who, in the face of the Japanese challenge, would rely on free markets alone to restore the international competitiveness of industry in Britain and the United States.
Imprint | Harvard University Press |
Country of origin | United States |
Release date | 1990 |
Availability | Expected to ship within 12 - 17 working days |
First published | 1990 |
Authors | William Lazonick |
Dimensions | 239 x 163 x 34mm (L x W x T) |
Format | Hardcover |
Pages | 432 |
Edition | New |
ISBN-13 | 978-0-674-15416-2 |
Barcode | 9780674154162 |
Categories | |
LSN | 0-674-15416-9 |