RIP Cozy Corporate America

The idea that the world of the mid-20th century, when companies provided secure, middle-class, manufacturing jobs, probably can't be recreated.

The sorrow of what's been lost.

Photographer: Gregory Rec/Portland Press Herald via Getty Images

There’s a fable we tell ourselves about the U.S. in the mid-20th century. In this tale, almost everyone had a good, secure, decent-paying job in manufacturing, thanks to the power of unions and the dominance of American corporations. Then, the fable goes, the rich used their money to seize control of politics and dismantle the old system, raiding companies in the name of shareholder value and turning the once-proud U.S. middle class into a nation of temps. 

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