No one can determine how much of America’s productivity gains in recent years have resulted from squeezing human capital, because such things are not measured. But there has clearly been a great deal of reliance on this strategy, with companies shedding employees not only because they must, but often because they have not met Wall Street analysts’ financial expectations.
没有人能够确定最近几年美国生产率的提高有多少是由于压榨人力资本取得的，因为这样的东西没有办法进行测量的。但是很明显，美国对这个策略有很大的依赖，因为公司剥离员工不仅仅是因为它们必须这么做，而且通常是因为它们没有达到华尔街分析家的财务预期。