Summary Of A Fair Day's Wage

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In A Fair Day’s Wage, James Surowiecki explains the benefits of following a fairly unexplored business management philosophy. This philosophy consists of companies paying their workers a substantial amount more than most large companies do. The idea behind this method is that the increase in pay is a compensation for the poor working conditions of the Great Recession in 2007. Bertolini, C.E.O of Aetna, says, “For the good of the social order, these are the kinds of investments we should be willing to make” (81). Surowiecki recalls a time in American history where workers needing to support their family were paid accordingly. However, in today’s market, the economy tends to benefit upper class individuals to a greater extent. Peter Drucker is