Crisis in the Professions: The New Dark Age

Cover
Endoresments
Half Title
Title
Copyright
Contents
List of Figures
List of Tables and Boxes
Part I Systemic Changes
	1 Crisis in the Professions: The New Dark Age
		Theories of Professions and 21st-Century Professional Work (See Box 1.2)
			Four Cross-Cutting Themes
			Individual Examples
			Four Vignettes
			The Organization of This Book
				Part I: Systemic Changes (Chapters 1–3)
				Part II: Change in Professions and Professional Training (Chapters 4–6)
				Part III: Younger Workers and Their Career Aspirations and Expectations (Chapters 7 and 8)
	2 The Context: Disinvestment in Jobs and Cultural Fragmentation
		The Biggest Change of the Past 30 Years: Disinvestment in the World of Work
			The Long-Term Crisis of the American Middle Class
		The Deflated Income Balloon
		Stagnant Incomes for the Middle, Rising Incomes for the Top
		But Not Everyone Is Hurting – The Captains of Industry Cash in
		Lower Wages and Job Instability for the Rest of Us
		What Was Fueling All That Consumption? Consumer Credit!
		Some People Got Very Rich From Stock, but Very Few People Actually Own Any
			The Financial Collapse of 2008–2009: The Hidden Crisis Exposed
			Betting the House and Losing
			Unemployment, Job Loss, and Collapsing Demand: The New Poor
			The Rigged Tax System Favoring Unearned Incomes
			The Reality for Everyone Else—Rising Taxes as a Percentage of Personal Income
		Cultural Backlash: The War on Expertise, Brexit, and the Election of Donald Trump
			The End of Expertise and the Rise of Post-Modern Reasoning
			The Overall Result? Professionals Under Attack From All Sides
	3 Technological Change, Globalization, and Professional Work
		Technological Change and the Professions
		Globalization and Outsourcing Professional Work
			Background: The Growing Global Professional Class and the Rise of the Network Society
			Technological Change and Globalization for Our Young Professionals
			Medical Tourism and Medical Diagnosis
			Legal Outsourcing and the Internationalization of Legal Practice
			Management Consulting, Accounting, and Business Services
			Big Pharma as a Global Innovation Machine
		And for Professionals Themselves, the Labor Market Goes Global
		In the End, Is Globalization of Professional Work Diffusing Western Norms and Rules to the Rest of the World?
Part II Change in Professions and Professional Training
	4 The Value of Professions and Diversity Within Professions: Conflict and Queuing
		What Affects the Value of Professional Work? A Mezzo-Level Look
		Review of Supply/Demand Issues: Are There Too Many Degree Holders?
			Undergraduate Degrees
			Traditional Doctoral Education
		Is the Cost of Advanced Training Just Too High?
			A Note Concerning Postdoctoral Fellowships
			Devaluation of Advanced Degrees and Expertise
			A Reminder: Important Themes Underpinning This Volume
		Where Are We in Terms of the Diversity of Workers Represented in Managerial and Professional Jobs?
		Gender and Racial Representation in Professional Work in a Rapidly Changing Environment
		Conclusion – Gender and Racial Diversity in a Rapidly Changing Professional Environment
	5 The Emergence of the Professional Precariat
		The Precariat – Who Are They and Do Some Professionals Fit the Label?
		A Professional Precariat
		Medicine: Hospitalists, Per Diem Nurses, Data Nurses, and Medical Scribes
		The Stalled Legal Market: Fewer Positions, the Rise of Legal Aids and Paralegals, Legal Outsourcing, and Declining Law School Applications
		Academia
			Stem Professions
		The GIG Economy, Freelancing, and Temporary Work: Is This Really the Wave of the Future?
	6 New Professionals and New Professions?
		The Rise of New Professions
			Financial Analysts – The New Accountancy?
				Enron, MCI-WORLDCOM, and Royal Ahold: Bumps on the Road to Professional Omnibus Business Services
		Data Science – Who Will Manage All Those New Data Resources?
			University Entrepreneurship Programs: Can Everyone Be an Entrepreneur?
				Finance, Data Science, and Entrepreneurship: An Alternative to the Traditional Professions?
Part III Younger Workers and Their Career Aspirations and Expectations
	7 The Worklife of Millennials and Other Generations
		Definitions: A Generational Perspective
		Careers and Career Paths: Two Models in the Literature on Careers
		Career Stories and Career Aspirations
			Catalina the Internist
			Corwin the Lawyer
			Maria the Biologist
			Selina the Comparative Literature Adjunct Instructor
		Millennials Up Close
	8 The New Dark Age: Rediscovering Knowledge as the Proper Basis of Authority
		Conclusion and Implications
		Is Our Current Intellectual Environment a “New Dark Age”?
			Where Do the Professions Go From Here??
				Professions as Systems of Social Closure
				Professions as Risk Managers in a Risk Society
				Professions as Trusted Interpreters of Information
				Professions as Values and Ideology
				Professionals as Promoters of Endogenous Institutional Change
		Some Modest Reforms
		Conclusion: What Are the Chances??
		Epilogue – “This Is Not a Drill . . .”
		Fall, 2022
			The Widespread, Multilevel Changes in Professional Work Crippled Our Response to the Pandemic and Stifled the Recovery
			Globalization and the Pandemic
			Then, at a Time When We Need Experts, We Ignore Them or Send Them Packing
Bibliography
Index