The Corporate Crisis

The crisis in minor and major corporations is the relationship between employers and employees. The main issue throughout the centuries has been the power dynamic equivalent to that of a predator and its prey. Monopolies have always had their own best interest in mind, even if it means undermining their own employees. The main goal is to make money.

In “Work Won’t Love You Back”, Sarah Jaffe discusses the capital solution regarding a compromise called “the Fordist Bargain”. This compromise, like many others, created a feeling of unrest within both sides, the employers and employees. In periods of high profit, employers were more open to be more graceful to their employees. Employees were given more time with their families and more money to push back into the economy. When profits weren’t at a high level, employers would squeeze labor harder. This means workers were overworked and underpaid.

Companies eventually moved to countries with lower wages and withdrew their businesses from American soil. This hurt American society and in turn, the economy. I believe money fuels the power in today's corporate crisis. The crisis trickled to familial homes and made it more difficult to maintain home life and general lifestyles, with it now being necessary for both parents to work. Family, in most cases, is a large factor in the structure of our sense of self. In conclusion, our sense of self in the workplace is stripped as we wear our uniforms and/or badges. The idea that work is anything but a source of survival can be difficult to comprehend.