The Treaty of San Francisco (1/4): Can California Model the Future of Work?
America today desperately needs a 21st-century model that enables companies and increasingly independent workers to thrive together in our new high-tech, global economy. We can’t wait for the federal government to solve all this anytime soon. Is it time for a “Treaty of San Francisco” which modernizes the 1950 “Treaty of Detroit?”
The “Treaty of Detroit” cracked the model for how both workers and companies could thrive in the post-war 20th-century world. The leading technology companies of the mid-20th century, the auto industry, worked out a deal with workers through the leading union to get both sides what they wanted. Workers got good wages tied to the rise in the cost of living, health care, pensions, and input in decisions that affected their future. In return, the companies got a cooperative, stable workforce and avoided backlash from the public for being the bad guys. This new model at the commanding heights of the postwar economy was quickly adopted by other industries and reinforced by government policies. It became one of the major drivers of the postwar economic boom and the rise of the American middle class, helping create the America that many people long to see again. Read more about the “Treaty of Detroit” and the reasoning behind a 21st-century version on Reinvent’s Medium page.
Could top Bay Area technology companies today lead the way by cracking a new economic model for how the burgeoning ranks of independent workers—from high-end contract workers to gig workers—could use tech platforms to build stable, secure middle class lives? (Three of the top five most valuable companies in the world are now in Silicon Valley.) What could the state of California, the city of San Francisco, and other local governments do to help broker this new deal in the private sector, or model innovative government policies for America as a whole?
Gavin Newsom and other leading thinkers on the future of work explored these ideas during an afternoon event in San Francisco on Tuesday, October 17th. Newsom has been grappling with these issues for years as the former mayor of San Francisco, current two-term lieutenant governor of California, as well as a leading candidate for governor in the 2018 election. We also had experts and innovators lead conversations on how we might construct a 21st-century “Treaty of San Francisco,” featuring many of the key elements of the 20th century “Treaty of Detroit”:
- Income that matches the rising cost of living
- Consistent work that provides income security even in economic downturns
- Good healthcare that can support a family
- Vacation time to recharge creativity and increase productivity
- Retirement funds set aside for old age
- A voice in decisions that affect their futures
In this 15-minute introduction to the event, Reinvent Founder and CEO Peter Leyden explains why he believes California can model the future of work.
This event was in partnership with Intuit with Capgemini and the Applied Innovation Exchange generously providing the space.
