US public corporations employed under half their 1970 American workforce by 2000

Evidence

By 2000, US public corporations employed fewer than half as many Americans as they did in 1970.35 In 2009 there were only half as many public firms as in 1997. — Shoshana Zuboff, The Age of Surveillance Capitalism, 129

Categorization

• CANDY: A striking, self-contained statistic about corporate America’s collapse as an employer.
• XREF: connects to: Tech companies employ far fewer workers than mid-century industrial giants — Nick Srnicek, Platform Capitalism, 15; The public corporation collapsed as employer, halving US public-firm employment between 1970 and 2000 — Shoshana Zuboff, The Age of Surveillance Capitalism, 129; Postwar American capitalism embedded corporations in stabilizing labor institutions — Shoshana Zuboff, The Age of Surveillance Capitalism, 1590 (+1 more)

Broader Connections

• Postwar American capitalism embedded corporations in stabilizing labor institutions #complicates (0.80) — Shoshana Zuboff, The Age of Surveillance Capitalism, 1590
• US public corporations were dismantled in the 1980s as capitalism shifted toward financial speculation #corroborates (0.78) — Shoshana Zuboff, The Age of Surveillance Capitalism, 128