Turbo-Charged Capitalism and Its Consequences
Edward Luttwak, 2 November 1995
“... is made that much more efficient. In practice, the theory ignores both irrational fashion and self-serving motives. Quite often these days employees are fired whenever their labour can plausibly be held to be expendable by executives high or low eager to show themselves ‘hard-nosed’ and thoroughly up-to-date with the latest management-consultant ... ”