Former Secretary of Labor and university professor Robert Reich talks about what he calls "the unspoken social compact" between companies and their employees that used to assure increases in earnings and benefits for workers whose companies prospered. "That's gone, that old compact is gone," Secretary Reich observes. "The pressure on companies to show profits and to turn those profits into high share prices is enormous right now," he adds.

Political Science Collection

government, politics, social compact, economy, companies, employees, competition, profits, share prices, earnings, wages, salaries, benefits, American Economy, The

Introduction to Political Science, Political Science, American Government and Politics American History, U.S. History Survey, America in the 20th Century, Framework for Democracy

Reich, Ph.D., Robert (Performer), INTELECOM Intelligent Telecommunications (Firm)

00:01:29 (HH:MM:SS)

English

Name	INTELECOM Intelligent Telecommunications
Role	Distributor
Telephone	800-576-2988 x122
Address	150 E. Colorado Blvd. Ste. 300, Pasadena, CA 91105
Email	[email protected]

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