Why are established organizations listing towards reliability and exploitation? Perhaps the clearest explanation came from Nicholas Colin, Associate Professor in business strategy, Université Paris-Dauphine, who pointed to the shifting power relationships between workers, executives, shareholders and customers.
In the 1960s, Colin explained, workers were in a strong position. But in the 1970s, the situation changed. Capital was both more mobile and more concentrated and could now exert pressure on corporations and obtain higher returns over shorter periods.