Can corporations be coaxed into saving America?

This new report on jobs is smart, optimistic, and bipartisan. It's also wrong.

Less benefits means faster turnover.
(Image credit: Ikon Images / Alamy Stock Photo)

One problem bedeviling American capitalism is what's called the "fissured workplace."

Decades ago, large companies offered secure jobs with good pay and benefits that lasted a lifetime. Today, Americans flit between short-stint jobs and contract work that doesn't offer minimum wage or overtime protections, much less long-term benefits. So if you want to know why the economy doesn't seem to work for so many Americans, the fissured workplace is one of the prime culprits.

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.