The West is in a crisis surrounding a general collapse in social trust. Rather than focusing too much on the macro political situation, I would rather explore the consequences of this at the personal level.
Unlike when my grandfathers were working, or when my father worked, it is common for employees to distrust their bosses and their co-workers. There is no sense that the company exists for the long term benefits of its stake-holders. At a far lower level of technology and gross profitability, employees even at the lower level could expect to advance their careers within the same corporation for their entire lives. My grandfather was not an executive — he was a simple accountant at General Electric — but his retirement package ultimately made him a multimillionaire. He lived modestly for most of his life, did not work long hours, and raised two children.
Unlike when my grandfathers were working, or when my father worked, it is common for employees to distrust their bosses and their co-workers. There is no sense that the company exists for the long term benefits of its stake-holders. At a far lower level of technology and gross profitability, employees even at the lower level could expect to advance their careers within the same corporation for their entire lives. My grandfather was not an executive — he was a simple accountant at General Electric — but his retirement package ultimately made him a multimillionaire. He lived modestly for most of his life, did not work long hours, and raised two children.
