RES.15-003 | Spring 2016 | Graduate

Shaping the Future of Work (15.662x)

2.1 What Made the Old Social Contract Work and Why did It Break Down?

2.1 What Made the Old Social Contract Work and Why did It Break Down?

There are conspicuous challenges for today’s economy but, in some ways, we’ve actually been here before! As we stressed last week, it helps to take a historical perspective in order to understand the current state of the economy and the challenges that we collectively face. In the video below, Professor Kochan examines a series of historical events, including rising wealth inequality in the 1920s and the Great Depression, that remain highly relevant today.

Video: The New Deal at Work

Attentiveness Question 1

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Attentiveness Question 2

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Attentiveness Question 3

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Course Info

As Taught In
Spring 2016
Level
Learning Resource Types
Lecture Videos
Online Textbook
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