Along with predictable premises and conclusions, this case study raises unsettling questions about the impact of time on contemporary lives. Sociologist Hochschild (Univ. of Calif., Berkeley) observes a large corporation ostensibly committed to ``family-friendly'' policies and outlines a familiar story: The excessive demands of work create stresses at home because there is insufficient time to do everything. This is especially hard on women, who, as Hochschild documented in The Second Shift (1989), bear the brunt of housekeeping chores, and on children, whose emotional needs require time with parents. Except for some older men, the people Hochschild interviews are aware of and concerned about the implications of this time bind. What is surprising, consequently, is their failure to embrace reduced workloads, flex time, and other components of the company's effort to help employees balance the demands of work and home. While supporting the existence of these policies, few employees take advantage of them. Fears about job security and career advancement are present, of course, but many employees were uninterested in such options because they perceived work, not home, as the less stressful and more emotionally rich environment. With family lives careening on the brink of disaster and parents feeling perpetually out of control, the office or factory floor provides a sense of accomplishment, fulfillment, and camaraderie. Unfortunately, after uncovering this surprising reversal of conventional expectations, Hochschild buries it by simply assuming it is a pathology. Escaping from the home by going to work reflects a dynamic with costs, but it also suggests a need to reconsider common conceptions of what constitutes a satisfying adult life. The disappointing failure to press forward with her observations does not prevent this from being a provocative book. (First printing of 50,000; first serial to the New York Times Magazine; author tour; TV satellite tour)
Pub Date: May 23, 1997
ISBN: 0-8050-4470-1
Page Count: 320
Publisher: Henry Holt
Review Posted Online: May 19, 2010
Kirkus Reviews Issue: March 15, 1997
A readable, persuasive argument that our ways of doing business will have to change if we are to prosper—or even survive.
A well-constructed critique of an economic system that, by the author’s account, is a driver of the world’s destruction.
Harvard Business School professor Henderson vigorously questions the bromide that “management’s only duty is to maximize shareholder value,” a notion advanced by Milton Friedman and accepted uncritically in business schools ever since. By that logic, writes the author, there is no reason why corporations should not fish out the oceans, raise drug prices, militate against public education (since it costs tax money), and otherwise behave ruinously and anti-socially. Many do, even though an alternative theory of business organization argues that corporations and society should enjoy a symbiotic relationship of mutual benefit, which includes corporate investment in what economists call public goods. Given that the history of humankind is “the story of our increasing ability to cooperate at larger and larger scales,” one would hope that in the face of environmental degradation and other threats, we might adopt the symbiotic model rather than the winner-take-all one. Problems abound, of course, including that of the “free rider,” the corporation that takes the benefits from collaborative agreements but does none of the work. Henderson examines case studies such as a large food company that emphasized environmentally responsible production and in turn built “purpose-led, sustainable living brands” and otherwise led the way in increasing shareholder value by reducing risk while building demand. The author argues that the “short-termism” that dominates corporate thinking needs to be adjusted to a longer view even though the larger problem might be better characterized as “failure of information.” Henderson closes with a set of prescriptions for bringing a more equitable economics to the personal level, one that, among other things, asks us to step outside routine—eat less meat, drive less—and become active in forcing corporations (and politicians) to be better citizens.
A readable, persuasive argument that our ways of doing business will have to change if we are to prosper—or even survive.Pub Date: May 1, 2020
ISBN: 978-1-5417-3015-1
Page Count: 336
Publisher: PublicAffairs
Review Posted Online: Feb. 16, 2020
Kirkus Reviews Issue: March 15, 2020
A welcome contribution from a newcomer who provides both a different view and balance in addressing one of the country's...
A fresh, provocative analysis of the debate on education and employment.
Up-and-coming economist Moretti (Economics/Univ. of California, Berkeley) takes issue with the “[w]idespread misconception…that the problem of inequality in the United States is all about the gap between the top one percent and the remaining 99 percent.” The most important aspect of inequality today, he writes, is the widening gap between the 45 million workers with college degrees and the 80 million without—a difference he claims affects every area of peoples' lives. The college-educated part of the population underpins the growth of America's economy of innovation in life sciences, information technology, media and other areas of globally leading research work. Moretti studies the relationship among geographic concentration, innovation and workplace education levels to identify the direct and indirect benefits. He shows that this clustering favors the promotion of self-feeding processes of growth, directly affecting wage levels, both in the innovative industries as well as the sectors that service them. Indirect benefits also accrue from knowledge and other spillovers, which accompany clustering in innovation hubs. Moretti presents research-based evidence supporting his view that the public and private economic benefits of education and research are such that increased federal subsidies would more than pay for themselves. The author fears the development of geographic segregation and Balkanization along education lines if these issues of long-term economic benefits are left inadequately addressed.
A welcome contribution from a newcomer who provides both a different view and balance in addressing one of the country's more profound problems.Pub Date: May 5, 2012
ISBN: 978-0-547-75011-8
Page Count: 304
Publisher: Houghton Mifflin Harcourt
Review Posted Online: April 3, 2012
Kirkus Reviews Issue: April 15, 2012
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