This paper employs a game-theoretic framework and a comparative historical analysis to study the impact of the Great Depression on corporate welfarism,' i.e., employers' voluntary provisions of non-wage benefits, greater employment security, and employee representation to their blue-collar...

This paper employs a game-theoretic framework and a comparative historical analysis to study the impact of the Great Depression on corporate welfarism,' i.e., employers' voluntary provisions of non-wage benefits, greater employment security, and employee representation to their blue-collar...

Introduction -- The Japanese advantage: flexible production and innovation -- Flexible production in the early U.S. auto industry -- Class conflict and the impetus to abandon flexible production -- The dire consequences of abandoning flexible production -- The Japanese counterfactual:...