Industrial Economics

For decades, it has been easier to imagine the end of the world than the end of capitalism. In the decade leading up to the 2008 financial crisis, booming banks, rising house prices, and cheap consumer goods propped up living standards in the rich world. Thirty years of rocketing debt and financial wizardry had masked the deep underlying fragility of finance-led growth, and in 2008 we were forced to pay up.

Supermarket produce sections bulging with a year-round supply of perfectly round, bright red-orange tomatoes have become all but a national birthright. But in Tomatoland, which is based on his James Beard Award-winning article, The Price of Tomatoes, investigative food journalist Barry Estabrook reveals the huge human and environmental cost of the $5 billion fresh tomato industry. Fields are sprayed with more than one hundred different herbicides and pesticides. Tomatoes are picked hard and green and artificially gassed until their skins acquire a marketable hue.

Working at the Goodyear Tire and Rubber Company chemical plant in Niagara Falls, New York, was considered a good job. It was the kind of industrial manufacturing job that allowed blue-collar workers to thrive in the latter half of the 20th century—that allowed them to buy their own home, and maybe a small boat for the lake. But it was also the kind of job that exposed you to toxic chemicals and offered little to no protection from them, either in the way of protective gear or adequate ventilation. Eventually, it was a job that gave you bladder cancer.

In an age of instability, industrial tech is a cornerstone of our economic future. In this book, McKinsey veterans Asutosh Padhi, Gaurav Batra, and Nick Santhanam reveal the “titanium economy,” a modern, reinvented industrial sector complete with high-paying, domestic jobs; soaring stock prices; and critical infrastructure. They dispel the myth that the best of American manufacturing is behind us and illuminate an opportunity for a brighter future—if we can seize it.

Thirteen months after Trump allegedly captured the allegiance of "the white working class", a strike wave - the first in over four decades - rocked the United States. Inspired by the wildcat victory in West Virginia, teachers in Oklahoma, Arizona, and across the country walked off their jobs and shut down their schools to demand better pay for educators, more funding for students, and an end to years of austerity.

From the marketing consultant down the street to the home based "mompreneur," they are America's new economic icons: the job-hopping, tech-savvy, fulfillment-seeking, independent workers. This entertaining and provocative account of the new frontier - by Fast Company contributor Pink - will change your thinking...and maybe even change your life.

In the 30 years after the Civil War, the United States blew by Great Britain to become the greatest economic power in world history. That is a well-known period in history, when titans like Andrew Carnegie, John D. Rockefeller, and J. P. Morgan walked the earth. But as Charles R. Morris shows us, the platform for that spectacular growth spurt was built in the first half of the century. By the 1820s, America was already the world's most productive manufacturer and the most intensely commercialized society in history.

Nobody who works hard should be poor in America, writes Pulitzer Prize-winner David Shipler. Clear-headed, rigorous, and compassionate, he journeys deeply into the lives of individual store clerks and factory workers, farm laborers and sweat-shop seamstresses, illegal immigrants in menial jobs and Americans saddled with immense student loans and paltry wages. They are known as the working poor.

On May 4, 1886, a bomb exploded at a Chicago labor rally, wounding dozens of policemen, seven of whom eventually died. A wave of mass hysteria swept the country, leading to a sensational trial that culminated in four controversial executions and dealt a blow to the labor movement from which it would take decades to recover. Historian James Green recounts the rise of the first great labor movement in the wake of the Civil War and brings to life an epic 20-year struggle for the eight-hour workday.

Having a good, stable job used to be the bedrock of the American Dream. Not anymore. In this richly detailed and eye-opening audiobook, Rick Wartzman chronicles the erosion of the relationship between American companies and their workers. Through the stories of four major employers - General Motors, General Electric, Kodak, and Coca-Cola - he shows how big businesses once took responsibility for providing their workers and retirees with an array of social benefits.

We live in an era of soaring corporate profits and anemic wage gains, one in which low-paid jobs and blighted blue-collar communities have become a common feature of our nation’s landscape. Behind these trends lies a little-discussed problem: the decades-long decline in worker power. Award-winning journalist and author Steven Greenhouse guides us through the key episodes and trends in history that are essential to understanding some of our nation’s most pressing problems.

In a wide-ranging narrative that takes us from a downsized marketing executive in Massachusetts, to a father of three in Appalachia finding purpose and meaning working in a convenience-store chain, to an unemployed autoworker retraining in "advanced manufacturing", Shell reveals how work is essential to our flourishing and pyschological well-being - and how so many of the avenues to well-paid and meaningful work will be challenged in the years ahead.

A Washington Post reporter's intimate account of the fallout from the closing of a General Motors assembly plant in Janesville, Wisconsin - Paul Ryan's hometown - and a larger story of the hollowing of the American middle class. This is the story of what happens to an industrial town in the American heartland when its factory stills - but it's not the familiar tale. Most observers record the immediate shock of vanished jobs, but few stay around long enough to notice what happens next, when a community with a can-do spirit tries to pick itself up.

Drawing on 75 years of Gallup studies and his own perspective as the company's chairman and CEO, Jim Clifton explains why jobs are the new global currency for leaders. More than peace or money or any other good, the business, government, military, city, and village leaders who can create good jobs will own the future. The problem is that leaders don't know how to create jobs, especially in America. What they should do is recognize that the world is in a war for jobs. It seems that leadership has lost the will to win, especially in America, but this is a competition for our lives.

In the 1950s manufacturing generated nearly 30 percent of US income. Over the past 55 years that share has gradually declined to less than 12 percent at the same time that real estate, finance, and Wall Street trading have grown. While manufacturing's share of the US economy shrinks, it expands in countries such as China and Germany that have a strong industrial policy.

This volume explores the variety of business enterprise in the United States and analyzes its presence in the country's economy, its evolution over time, and its meaning in society.

For Jobs and Freedom: Race and Labor in America since 1865 describes the African American struggle to obtain equal rights in the workplace and organized labor's response to their demands. Award-winning historian Robert H. Zieger asserts that the promise of jobs was similar to the 40-acres-and-a-mule restitution pledged to African Americans during the Reconstruction era. The inconsistencies between rhetoric and action encouraged workers, both men and women, to organize themselves into unions to fight against unfair hiring practices and workplace discrimination.

Before the COVID-19 pandemic devastated the country, more than six million people earned their living as tipped workers in the service industry. These workers, unsurprisingly, were among the most vulnerable workers during the pandemic. As in many other areas, the pandemic exposed the inadequacies of the nation's social safety net and minimum-wage standards. In her new book, One Fair Wage, Jayaraman shines a light on these workers, illustrating how the people left out of the fight for a fair minimum wage are society's most marginalized.

David Ranney’s vivid memoir describes his work experiences between 1976 and 1982 in the factories of Southeast Chicago and Northwest Indiana. The audiobook opens with a detailed description of what it was like to live and work in one of the heaviest industrial concentrations in the world. The author takes the listener on a walk through the heart of the South Side, Chicago, observing the noise, heavy traffic, the 24-hour restaurants and bars, the rich diversity of people on the streets at all hours of the day and night, and the smell of the highly polluted air.

In this classic account, historian Philip Foner traces the radical history of black workers’ contribution to the American labor movement.