New Rules for a New Economy: Employment and Opportunity in Postindustrial America.(Review)

New Rules for a New Economy: Employment and Opportunity in Postindustrial America. By Stephen A. Herzenberg, John A. Alic, and Howard Wial. Ithaca, NY: Cornell University Press/ILR Press, 1998. 240 pp. $27.50 cloth.

New Rules for a New Economy attempts to chart a public policy path for the United States in employment issues for the coming decades. The authors trace changes in the economy using three concepts: work systems, business organization, and career paths. They show how each has changed since the "Wonder Years" (1945-1975), when all patterns coalesced to ensure relative job security and steadily rising incomes to a large portion of the U.S. workforce. Wages, …