Economic Deja Vu All Over Again

The 1930s Sure Sound Familiar - NYTimes.com: "...Allen makes the surprising point that, while small business suffered terribly during the Great Depression, big corporations did well. When large companies needed to lay off workers to maintain profitability, they did so ruthlessly. Bursts of economic growth, however, were rarely accompanied by an increase in employment. Why? Because new technology allowed companies to increase productivity at the expense of workers. Just like today..."