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Caught in the Cultural Preference Net - Three Generations of Employment Choices in Six Capitalist Democracies (Hardcover)
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Caught in the Cultural Preference Net - Three Generations of Employment Choices in Six Capitalist Democracies (Hardcover)
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How big of a role have national cultures-the collection of values,
beliefs, attitudes and preferences-played in the formation of
social and economic identities? If substantial, can these
identities impact work related attitudes and impact personal
decision as specific as the preferred type of job or even the
choice of seeking employment at all? At a time when Millennials and
Generation Z'ers are facing prodigious employment challenges, it is
more timely than ever to examine the ways culture, especially
cultural transmission from older to younger generations facilitate
(hinder) influence labor force attachment and even the work ethic
itself. Caught in the Cultural Preference Net examines work-related
beliefs, attitudes and preferences that characterize the value
orientations of three generational families in Germany, Sweden,
Spain, Italy, India and the United States. These six countries have
developed significantly different forms of capitalism ranging from
the social democratic form in Sweden to the relatively unfettered,
free market capitalism in the United States. Michael J. Camasso and
Radha Jagannathan investigate whether these cultural and economic
contexts have resulted in enduring attitude and preference
structures or if these values and preferences have been changing as
economic conditions in a nation have changed. These two experts
focus a great deal of their attention on the roles that parents and
grandparents have in socializing Millennials into the world of work
and if this influence trumps the often competing influences of
education, labor market and peers. The book is organized around
three lines of inquiry: (1) Do some national cultures possess value
orientations that are more successful than others in promoting
economic opportunity? (2) Does the transmission of these value
orientations demonstrate a persistence irrespective of economic
conditions or are they simply the results of these conditions? (3)
If a nation's value orientation does indeed impact economic
opportunity, does it do so by influencing an individual's
preferences? To answer this third question, Camasso and Jagannathan
conduct a cross-national, multi-generational stated preference
experiment-one of the very few ever attempted. The resulting book
reveals substantial cultural stability across generations in some
of the six capitalist democracies and substantial intergenerational
change in others. The implications of this differential impact for
national employment strategies are explored as are the implications
for a global economy distinguished by abundant, well-paying service
jobs for youth.
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