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It was definitely closer to the former than the latter. Things that are obviously profitable now were not hip or obvious, nor was the infrastructure to commodi
by eof 9y ago
It was definitely closer to the former than the latter. Things that are obviously profitable now were not hip or obvious, nor was the infrastructure to commoditize everything available.
- cmiles74 9y agoI think this idea that it's okay to have most of the employees at a large plant working for smaller outsourcing companies (instead of, say, Apple or Kodak) wasn't acceptable. I wonder if there was some tangible benefit that was derived from having many full time workers that has either evaporated or has been overshadowed since the 70s.
- ghaff 9y agoThere are probably some specific factors--like the rise in healthcare benefit costs. But, overall, there's just an increase in specialization throughout the economy. As you go back in time, you just generally had fewer services companies that were available to fill every need that was tangential to the main focus of a given company. To give one example that goes back a little further, companies used to handle the whole payroll process themselves. Now they use ADP or whoever. There's also been a lot of automation/self-service of mundane tasks. You don't really have the stereotypical "starting the mailroom" job any longer nor do you have the steno pool.