The essays in this edited collection, first published in 1986, focus on important debates surrounding the central Marxian problem of the transformation of values into prices. The collection brings together major contributions on the value theory debate from the decade prior to the book's publication, and assesses the debate's significance for wider issues. Value theory emerges as much more than a technical relation between labour time and prices, and the structure of the capitalist economy is scrutinised. This is a relevant and comprehensive work, valuable to students, academics and professionals with an interest in political and Marxist economy.

This volume brings together and expands on a body of research that I began in the early 1960s and have continued up to the present. It deals mainly with shiftwork-work that is performed during other than normal daytime hours. Shiftwork is a characteristic of economic life in the United States and abroad that has increased in importance over the years; according to the Bureau of Labor Statistics, one out of five full-time and part-time employees in the United States works on shifts. My interest in this field concerns fixed capital, specifically, changes in weekly hours worked by capital over long periods of time, and the signifi cance of those changes in the measurement oflong-run productivity change. In studies of growth, the measurement of capital input-by capital stocks or the services yielded by those stocks-typically makes no allowance for the changing hours worked by capital. Capital services are assumed to be propor tional to the stocks. Consequently, in analyses of output growth in a growth accounting framework, the effect of longer capital hours is a component of multifactor or total factor productivity growth."

List of Tables and Figures - Preface - INTRODUCTION - The Nature of Unemployment - Note on Methodology - Definitions - Extent of Unemployment in the OECD - Dimensions of Unemployment in the United Kingdom - Varieties of Unemployment - HISTORICAL DEVELOPMENT - Unemployment and the Origins of Capitalism - The Trade Cycle - Structural and Technological Unemployment - Structural, Technological or Cyclical Unemployment? - THEORY: PETTY TO KEYNES - Lines of Descent - A Self-Regulating System - Precursors of the Welfare State - Marx: The Pursuit of the Trade Cycle: Keynes's Revolution - CONTEMPORARY THOUGHT - Intellectual Ingredients - Case Studies of Current Theories - ASSESSMENT OF CURRENT THEORIES - Methods - Supply-side Economics - Search Unemployment - Rational Expectations - The Natural Rate of Unemployment - Institutional Engineering - OPTIONS, STRATEGIES AND PROGNOSES - Disillusion - Palliatives - Evolution and Adaptation - Mutual Accommodation - Stalemate or Radical Change - Historical Imperatives - A Programme for Economic Research - Summary - Bibliography - Index

Moving beyond polemical debates on globalization, this study considers complex intersections of gender, race, ethnicity, nationality and class within the field of globalized labor. As a significant contribution to the on-going debate on the role of neoliberal states in reproducing gender-race-class inequality in the global political economy, the volume examines the aggressive implementation of neoliberal policies of globalization in the Philippines, and how labor export has become a contradictory feature of the country's international political economy while being contested from below. Lindio-McGovern presents theoretical and ethnographic insights from observational and interview data gathered during fieldwork in various global cities-Hong Kong, Taipei, Rome, Vancouver, Chicago and Metro-Manila. The result is a compelling weave of theory and experience of exploitation and resistance, an important development in discourses and literature on globalization and social movements seeking to influence regimes that exploit migrant women as cheap labor to sustain gendered global capitalism. Globalization, Labor Export and Resistance: A Study of Filipino Migrant Domestic Workers in Global Cities, is an invaluable resource for scholars, researchers, policy makers, non-governmental organizations, community organizers, students of globalization, trade and labor politics. It will be useful in the fields of women/gender studies, labor studies, transnational social movements, political economy, development, international migration, international studies, international fieldwork and qualitative/feminist research.

The nine essays collected here examine ethnic relations, discrimination, and affirmative action in different regions of the world. The contributors focus throughout on the political economy of ethnic relations - an area that has until now been largely neglected in the literature. Written by economists, the papers both offer theoretical and empirical insights into standard neoclassical models of discrimination and explore in depth the historical and institutional features of the specific cases under study. Six of the papers address discrimination and affirmative action in developing countries; the remaining essays examine the problem as it has been manifested in socialist states. The aim throughout is to offer the reader an enhanced understanding of the economic and political genesis of the often catastrophic problems associated with ethnic discrimination.

Following a general introduction by the editor, the contributors examine relations between Arabs and Jews in the Israeli labor force; the complex interactions between human rights, affirmative action, and land reform in Latin America; and ethnic relations and the new economic policy in Malaysia. The three additional studies of ethnic problems in developing countries look at apartheid in South Africa, political and economic discrimination in Sri Lanka, and ethnic conflict in the Sudan. Turning to an examination of ethnic discrimination under communism, the contributors analyze the problems faced by gypsies in Eastern Europe, the politics of ethnicity and affirmative action in the Soviet Union, and labor market discrimination and ethnic tension in Yugoslavia. A bibliography is included for those wishing to pursue further research on the subject. By focusing attention on discrimination in regions of the world little studied in past works on ethnic conflict, these essays represent a unique and important contribution to the literature of international economics and political economy.

The increasing amounts of money paid out in compensation to corporate executives have become the subject of a heated public policy debate on both sides of the Atlantic during the last decade. The magnitude of these sums, as well as the timing of payments relative to evidence of corporate success or - more notably, failure - has surprised and, in many cases, angered employees, shareholders and politicians, and drawn considerable attention in the media. Are executives in many firms exploiting their power to benefit themselves at the expense of other stakeholders or is the level of compensation the result of an effective market mechanism? This book is intended to fill a void created by the current focus of economic, financial and management research on executive compensation in the USA, and to address whether results from the US generalize to Europe, whether there is a European model for executive compensation, and whether European compensation structures enhance the wealth of shareholders and citizens. The research presented here provides a foundation for further research that will help shareholders, their representatives on boards, and policy makers develop wealth enhancing procedures, contracts and rules within European corporate governance systems. The book covers a wide range of issues, including: corporate law and regulation in the area of corporate governance; prosperity and growth effects of compensation contracts; effects of compensation packages on incentives; organization of markets for executives; the choice of performance measure in performance-linked compensation contracts; influences from the US on compensation levels in Europe; as well as country studies of factors affecting compensation packages and their characteristics. This book will be of interest to academics, practitioners and policy makers. On the academic side, researchers and students in the field of business economics, corporate governance, finance, international business, and management will discover research results that enhance their knowledge and provide the basis for further research. Among practitioners, board members, executives, chief financial officers, and bankers will benefit from this book when evaluating and designing executive compensation schemes. Policy makers will find research-based material that can either support or call into question their preconceived opinions.

William Darity, Jr. In 1984 the Kluwer series in Modern Economic Thought, under the editorial direction of Warren Samuels, brought out a book under my editorship entitled Labor Economics: Modern Views. It consisted of a series of essays and commentaries that sought, in a critical fashion, to assess the state of the art in the field of labor economics with respect to several themes. These included methodology versus practice, the analysis of discrimination by gender and race, the phenomenon of persistent racial differences in un employment exposure, occupational safety and health regulation, dual versus segmented labor markets, and the remnants of the Phillips curve trade-off between unemployment and inflation. Nearly a decade later I was approached by Warren Samuels and Kluwer about editing a new book that would again address where things stand in labor economics. In proceeding with the development of this current book I was a struck by the extent to which the research thrust that was apparent in the early 1980s remains intact as we move toward the 21st century. The vast majority of scholarship in the labor subfield is dominated by the methodological orientation of applied neoclassical microeconomics, supplemented by incursions from the themes that occupy the so-called "pure theorists," particularly of the game theoretic variety."

Hardbound. This volume contains in-depth or comparative case studies of specific occupations in America and other countries. The special emphasis of this collection is upon unusual occupations and unusually organized occupations. Through the focus on the unusual, our volume brings into focus the usual taken-for-grantedness of the occupational world, which is typically seen only from the focus on prestigious professions. Included are analyses of tattoo artists, exotic dancers, sex workers, correctional officers, catholic liturgists, marginalized computer workers, university professors in foreign military extension programs, product protectors, traveling nurses and clerical temporary workers. The audience for this book includes university students and faculty.

Aimed at senior undergraduate and post-graduate students following courses in International Business and Industrial Relations this book examines the labour market effects of multinational business. In reflecting the complexity and dynamism of developments in this area, the book makes clear the need to underpin analysis of the labour market effects of multinational business with conceptual understanding of the theory of multinational enterprise.

This new edition of a classic feminist book explains how one of thegreat historical revolutions--the ongoing movement toward equalitybetween the sexes--has come about. Its origins are to found, not inchanging ideas, but in the economic developments that have made women'slabor too valuable to be spent exclusively in domestic pursuits. Therevolution is unfinished; new arrangements are needed to fightstill-prevalent discrimination in the workplace, to achieve a more justsharing of housework and child care between women and men, and, with the weakening of marriage, to re-erect a firm economicbasis for the raising of children. In this new edition, Bergmann provides an update on women's economic situation today and ultimately proves her argument is as relevant and essential today as it was when this book was first published this book in 1986.

First published in 1891, this seminal work examines the primary causes of poverty during the industrial age. Through considering how poverty is measured, the growth of urbanisation and the supply of low-skilled labour in the workforce, Hobson arrives at possible solutions to the problem of poverty and explores the ethical issues surrounding it.

"The Surplus American" documents a chilling social unraveling in which the majority of Americans are being rendered jobless and redundant. The book explains the long crisis of surplus people, showing that the jobless are the tip of the iceberg. The book identifies a number of primary groups within the category of surplus, including the underemployed, people forcibly removed from or induced to leave the labor force, retirees, people involved in make-work by government or business, those hired to control the unemployed, and those employed to boost consumption and manage unrest. Surplus people are the dirty underside of our capitalist economy, and the authors sketch their story over the past several centuries, as well as the present condition and the future destiny of a surplus nation. Offering a timely analysis of social movements such as Occupy Wall Street, and using both narrative and theatrical devices, the authors conclude that new inclusive social justice movements are essential not only to solving the crisis of surplus people but also to redirecting an economy driven by outsourcing, new technology, and a merciless global corporate strategy. "

This major new book offers a comparative survey of management, labour and productivity politics in twentieth century Europe. The authors detailed assessments of industrial and political campaigns to raise productivity growth in Britain, Germany and Sweden during this century. Ranging from explorations of the high politics of the nation state and the impact of the Marshall plan on the European countries, to careful assessments of the productivity struggles which took place in the coal mining and metal working industries of modern Europe, each of these essays provides a rich context for understanding the rise and fall of the social democratic project in the reconstruction of Western Europe. The contributors critically assess claims that workers' participation in economic decision-making was a natural feature of modern production, while also emphasising the significance of economic reforms which were enacted in the post-war years. Management, Labour and Industrial Politics in Modern Europe offers a deeper understanding of the performance of the European economies and the politics of reconstruction by combining an analysis of state initiatives with an examination of the strategies pursued by management and labour in the key sectors of European industry in these decades.

First published in 1931, this Routledge Revivals title reissues J.A Hobson's analysis of financial distribution in the early years of Twentieth Century Britain. The book focuses on the moral questions that he considered to be important in regard to the economic reforms that were necessary to secure the utilisation of modern productivity for the welfare of mankind. In this work, Hobson considers the wasteful working of the economic system, with its over-production, under-consumption and unemployment and states that these errors are due to the unfair way in which income is apportioned among the nations, classes and individuals that produce it. Poverty in Plenty argues for a conscious economic government inspired by a sense of justice and humanity. It makes suggestions towards the establishment of such a government and presents business prosperity as a problem of morals.

Railroads, our first large corporations, are rapidly adapting to the deregulated climate of the 1990s. As we approach the 21st century, this book tells the story of the changing role of railroads in our economy and how the law has changed to meet the new competitive environment. Topics include abandonment and extension, railway labor law, rail passenger service, short line spinoffs, special problems of railroad employment and parallel deregulatory activity in Canada.

The authors deal with the changing railroad environment by describing the rail network of today, which has shrunk in route-miles but is in better shape than at any time since World War II. The changing role of rail employment is discussed, as well as government operation of Amtrak and commuter rail services. What regulation remains with the Interstate Commerce Commission and Federal Railroad Administration is described in detail. Finally, the authors go north of the border to show how Canada is facing rail deregulation and how Canadian railroads are playing a major part in the U.S. transportation scene. The authors close with a look at railroading as we approach the 21st century. Dooley and Thoms have written a comprehensive book for lawyers and rail enthusiasts alike.

Migration of workers within and across national boundaries is an important issue in an age of increasing levels of innovation and invention which economizes cost and helps large scale production. This book analyses the implications of migration for the levels of unemployment and distinguishes between unemployment which can be attributed to government policy and that which can be generated by a particular behavior of employers and workers. The discussion also includes the issue of foreign workers' effects on unemployment levels - a salient issue in today's climate. With impressive clarity and a scholarly approach, Bharati Basu succeeds in explaining and analysing and important yet complicated topic. This book will be of use to students, academics and professionals interested in labor economics, industrial studies and international business.

This new edition Workbook has been fully updated for 2019 and covers Theme 3 Business behaviour and the labour market A-level Paper 1 Markets and business behaviour, and A-level Paper 3 Microeconomics and Macroeconomics will both draw on topics from Theme 3. Up-to-date and focused to help students practice their skills and improve their subject knowledge both inside and outside the classroom, this Practice Workbook: - Covers specific aspects of the course, providing targeted support for complex and challenging topics - Reinforces students' understanding, with more new practice questions and exam-style questions to develop their skills and improve their confidence - Includes more sample answers with commentary to help students meet the demands of the specification - Adapts easily and flexibly to existing textbooks and schemes of work - Provides opportunities for self-directed learning and self-testing, helping students revise on their own terms

This volume is concerned with labor market developments in China from a comparative perspective on selected East and South Asian countries. It closely examines the changing structure of China's labor market in the context of the Lewisisan turning point in ecomomic development.

Higher education is going through a turbulent period of change. Based on a research project coordinated by J DEGREESDurgen Enders at the University of Kassel in Germany, the book highlights the changes taking place in higher education and examines the working conditions of academic staff in fourteen European countries.

All countries in the study have seen changes regarding the actors and procedures relevant for the regulation of the employment relationships of academic staff. Academic staff are higher education's most important asset and most costly resource. Employment and working conditions of academic staff are, therefore, not only influenced by these developments but seen as an important tool for adaptation to the new circumstances higher education faces. Thus it is not only of interest to demonstrate and compare variations across and within countries, but also to analyze the outcomes of the changing academic environment on the academic labor market and the conditions of working life.

This book explores the gender issues associated with international migration in dual career households. Adopting a feminist approach, the author links research in economics, sociology, management and business and human geography to explore post-industrial managerial and professional careers. Particular emphasis is placed on the way in which social mobility and spatial mobility are entwined. The author explores the location and mobility decisions of dual career households, examining their personal and household biographies as well as published statistics. Of essential interest to scholars of human geography, sociology and gender studies, this book will also interest those working in organizational, migration and urban studies.

This book proposes a revised theory of agency, drawing on ideas from behavioural economics and built on more robust assumptions about human behaviour than the standard principal-agent model. The book proposes new design principles for executive pay, but also explains the difficulties in changing current executive pay practices.

The text of "Wage-Labour and Capital" came from lectures Marx delivered to the German Workmen's Club of Brussels in 1847, a time of great political upheaval. The relationship between wage-labour to capital is a core concept in Marx's analysis of political economy. This book is an essential, a foundation to understanding the development of Marxist theory. "Price, Value and Profit" was written in 1885, The different parts in the title decomposes into the basic Marxist theory of the 'surplus value of labor' (one of the three essential building blocks of Marxism). These books, again, are the basic foundations to understanding the development of Marxist theory. As valid today as in the late 1800's. A Collector's Edition.

This book examines the status of trade unions in contemporary China, exploring the degree to which trade unions have been reformed as China is increasingly integrated into the global economy, and discussing the key question of how autonomous China's trade unions are. Based on an extensive, grass-roots survey of local trade union chairpersons, the book reveals that although trade unions in foreign owned firms and in firms dealing with foreign firms are beginning to resemble trade unions in the West, in the majority of firms a state corporatist model of trade unions continues, with chairmen appointed by the party, with many of them occupying simultaneously party and trade union positions, and thinking it right to do so, and having power bases and networks in both the party and the trade union, with initiatives for protecting workers' interests coming from the top down, rather than the bottom up, and with collective negotiation and democratic participation in union affairs continuing to be a mere formality. The book shows how the state - wishing to maintain political stability - continues to regard itself, legitimated by the concepts of "socialism" and "proletarian dictatorship", as the sole arbiter of and protector of workers' rights, with no place for workers protecting their own interests themselves in the harsh environment of the new market economy. The book concludes, however, that because the different model of industrial relations which prevails in foreign owned firms is formally part of the government system, there is the possibility that this new more Western model will in time spread more widely.

How immigrants and their descendants fare in the host society and in particular in the labor market is a very important question. While differences among ethnicities have been found to be marked and persistent within many host countries, and while the labor market consequences of diversity have been recognized, they have not been sufficiently examined. This volume contains fresh knowledge to help better understand the complex relationship between ethnic or minority groups, the role of ethnic identity and their disparate economic performance; 12 papers that individually and collectively go to the heart of this question. Offering a new paradigm, they tackle and interlink four important themes of immigrants' integration: ethnic identity, citizenship, interethnic marriages, and immigrant entrepreneurship. These papers offer insights and answers to challenging questions for six different immigration countries while they study countless different ethnic and immigrant groups. It is the aim of this volume to bring the role of ethnic identity in the forefront of scientific and political discussion and provide a link among these themes, anticipating new trends and directions in this area. An anthology of these questions is: Does ethnic identity affect the employment and earnings of immigrant groups and in what way? Does dual nationality affect assimilation? To what extent do social interactions determine the employment outcomes of ethnic minorities? Why do Mexican-Americans exhibit low self-employment rates? Which are the factors that influence the composition of the workforce in terms of ethnic-background? Do interethnic marriages influence transitions into and out of ethnic self-employment? And, are interethnic marriages a guarantee to high human capital achievement of their offsprings?