Amazon.com: The Judas Economy: The Triumph of Capital and the Betrayal of Work: William Wolman, Anne Colamosca: Books: "I agree with the main statement of the authors that today those who earn their living from work are coming out losers: shrinking wage growth, problematic pension and healthcare insurance coverage, decline in health and safety protection.
Keynes' ultimate nightmare has arrived: industrial capitalism has been replaced by financial capitalism.
This is reflected in corporate as well as governmental policies.
To hide actual tendencies corporate America has invented newspeak: displacement for firing or re-engineering for big lay-offs.
The workers are not only laid off, but even their Social Security System is privatized, offering huge management fees to financial institutions."
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