Inhaltsangabe
Excerpt from Economic Progress and Economic Dislocation: August 1980
The current dilemma involving the requirements of business for change and growth and the needs of workers and communities for security and readjustment can be summarized as economic progress versus economic dislocation. As the sides get drawn and plant closings proliferate, the key policy question is the following: Should a firm be required to give advance notice, to provide special benefits for the displacees, and generally indemnify workers and their communities for the losses involved? A spate of legislative preposals are being considered at both state and federal levels, and it is the purpose of this paper to examine what type of public and private policies are needed to deal with permanent reductions in force, to analyze the emer ging pattern of legislative activity, and to present some guide lines or policy standards in the light of available experience.
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