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Eric Dale is Fired
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Eric Dale is Fired

  • The golden age of capitalism, lasting from the post-World War II era until the early 1970s, provided strong employment security with long-term job stability, benefits, and increasing wages annually.
  • During this period, there was widespread economic confidence and social mobility, where traditional gender roles were common, with the man as the breadwinner and the wife as a homemaker.
  • People often joined large stable companies like Ford and Siemens, working for the same employer for 35 years, benefitting from policies such as IBM's 'no-fire' policy which ensured job security and lifelong employment.
  • However, the era of this economic stability and lifelong employment appears to be in the past, signaling a departure from the job security and benefits once prevalent during the golden age of capitalism.

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