...on economics, saying that if you're standing still in terms of productivity you're in trouble.:
Every 'human resource' in the company is an asset, and assets that do not appreciate in value over time actually lose money for the company when measured against inflation; so they have to be gotten rid of...Assuming there are "the other kind of people", which is admittedly likely in a global economy. An equilibrium is presumably reached at some point in between the corporation's desire to get a 10%+ rates of return on people and a much lower rate of return much of the workforce may want. GE's Jack Welch was famous for his occasional firing of the bottom 10% of his workforce, but to avoid being in the bottom 10% is relatively easy. 90% succeed after all.
People who enjoy what they do and want to do it for the rest of their careers and live like human beings may be made miserable by that situation, but they aren't the ones who will contribute large leaps of growth to the business anyway, so they don't matter. It is more profitable to get rid of them and staff with the other kind of people.
Robert Ringer made the case years ago that as education standards and work ethic decline over time, the value of a longterm employee can appear to go up simply by standing still.
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