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by barry-cotter
2758 days ago
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> The difference between the ancient way of working a lifetime for a salary, perks and a gold watch on retirement That system existed for at most 40 years, probably less. It lasted from the beginning of the post WW2 boom to the oil crash in 1973. It lingered on in companies built up during that era and the expectations and cultures built up then but it was surely dead by 1990. To call a system that barely lasted the working life of one human ancient is a bit much, no? |
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Also large, long lived companies like the 17th century East India Company employed tens of thousands of people, many for decades.
China also has centuries old companies and civil service institutions.
Neither entrepreneurs nor megacorps are recent inventions.