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How capitalism works now.(The Disposable American: Layoffs and Their Consequences by Louis Uchitelle)(All Together Now: Common Sense for a Fair Economy)(America Back on Track)(Book review)

American Prospect, The,  November, 2006  by Meyerson, Harold

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THE DISPOSABLE AMERICAN: LAYOFFS AND THEIR CONSEQUENCES BY LOUIS UCHITELLE Alfred A. Knopf, 283 pages, $25.95 ALL TOGETHER NOW: COMMON SENSE FOR A FAIR ECONOMY BY JARED BERNSTEIN Berrett-Koehler Publishers, 154 pages, $12.00 AMERICA BACK ON TRACK BY SENATOR EDWARD M. KENNEDY Viking, 210 pages, $24.95 WHEN IT COMES TO THE FUNDAMENTALS of our new-model economy, even the definitions of common words have changed for the worse.

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As recently as 1989, the Oxford English Dictionary defined "layoff" as a temporary dismissal. But in the years since then, as the ...

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