The New Deal at Work: Why Business Strategy Depends on Productive Friction and Dynamic Specialization

The book examines the evolving dynamics between employees and employers, highlighting a shift from long-term job security to short-term employment arrangements such as contracts and outsourcing. Peter Cappelli discusses how this transition places the onus of skill development on employees while raising questions about retention and commitment in the workplace. His insights challenge traditional management assumptions and are crucial for employees, managers, and policymakers interested in understanding the market forces reshaping the American workplace.