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Books > Business & Economics > Economics > Labour economics > General
Henry George (1839-1897) rose to fame as a social reformer and economist amid the industrial and intellectual turbulence of the late nineteenth century. His best-selling Progress and Poverty (1879) captures the ravages of privileged monopolies and the woes of industrialization in a language of eloquent indignation. His reform agenda resonates as powerfully today as it did in the Gilded Age, and his impassioned prose and compelling thought inspired such diverse figures as Leo Tolstoy, John Dewey, Sun Yat-Sen, Winston Churchill, and Albert Einstein. This six-volume edition of The Annotated Works of Henry George assembles all his major works for the first time with new introductions, critical annotations, extensive bibliographical material, and comprehensive indexing to provide a wealth of resources for scholars and reformers. Volume VI of this series presents A Perplexed Philosopher (1892), Henry George's devastating critique of Herbert Spencer's changing views on the land question after he achieved fame as the author of the "Synthetic Philosophy." Social Statics (1850), Spencer's first major work, affirms an equal right of all to the use of the earth. By the early 1890s, Spencer had recanted this view in such works as Justice (1891) and an abridged version of Social Statics (1892). This betrayal of principle by Spencer provoked George to write A Perplexed Philosopher. In this volume George's original text is supplemented by critical annotations and an extensive topical bibliography. A comprehensive index covers all six volumes in the series. The introductory essay by Dr. Joseph Milne, "Social Evolution and Moral Sophistry," provides the cultural and philosophical context for George's critical analysis of Spencer's tortuous abandonment of the principle of equal freedom with respect to its application to the use of nature and the furtherance of equal opportunity for all. In A Perplexed Philosopher, George employs his considerable logical acumen to reveal Spencer's multiple inconsistencies and confusions when it comes to the land question. Spencer did not respond in a systematic fashion to George's critique. The few comments that he did make show that his understanding of the movement which George inspired was quite limited. Henry George wrote A Perplexed Philosopher in order to correct the many confusions about the land question by a major nineteenth century philosopher. In doing so he made a significant contribution to such topics as the issue of compensation, when a wrongful entitlement is taken away from a privilege-holder, and tendency of towards materialistic positivism. A Perplexed Philosopher reveals some fundamental differences between George's philosophical outlook and other prevailing views in the nineteenth century. A Perplexed Philosopher is not only a major contribution to nineteenth century scholarship with regard to the relation between humanity and nature, but it also illuminates a stark contrast between George's animating philosophy of equitable reform and Spencer's philosophy of the status quo.
This book examines the evolution of basic income policy and research in advanced economies and is divided into two parts. The first section considers the development of basic income as a social policy initiative in advanced (OECD) nations from the 1960s to today. It reviews what the negative income tax experiments accomplished, their limitations, and what they can lend to the design and implementation of basic income pilots or a full blown basic income program today. It also considers important developments and research in poverty and economic inequality and in technological change and labour market adjustment over the last half century. The second section focuses on the Canadian case, where the prospects for basic income are perhaps among the most promising. In addition to a review of Mincome and its lessons and limitations, this section considers important developments in poverty research by the Economic Council of Canada and the Canadian Senate in the 1960s, attempts at welfare reform, and the policy initiatives to develop a basic income for elderly Canadians that has endured to this day. Many of the important social and technological developments that are reviewed in the first part will be discussed in more detail with specific reference to the Canadian case. The evolution of the important policy innovations the National Child Benefit and its successors and the Poverty Reduction Strategy are outlined in detail and linked to other, more modest, income support initiatives such as the federal sales tax credit that provide a potential foundation for a comprehensive basic income plan in Canada. Research, including recent microsimulation studies of a basic income, are critically reviewed. Although the COVID-19 pandemic has increased interest in basic income to support those hardest hit, the book argues for careful design of basic income policies in its aftermath rather than simplistic adoption of emergency pandemic measures.
This book investigates hard work and new and expanding jobs in Europe. The interrelationship between the labour market and welfare regimes, and quality of work and life is played out at many levels: the institutional; the organizational level of the company and its customers or clients; and the level of everyday life at the workplace and beyond it.
Across welfare societies we have seen the emergence of policies and norms for work-life balance alongside rising expectations among working parents to be able to participate in employment and caregiving, and to have more time for family life and leisure. Yet despite this value placed upon work-life balance, working parents face increasing work demands, as well as rising numbers of insecure and precarious jobs, both of which produce a deepening sense of economic uncertainty in everyday life, which has been intensified in the current period of financial crises. The agency and capabilities gap addresses these tensions in work-life balance within families, workplace organizations, and policy frameworks. Inspired by Amartya Sen's capabilities approach, this volume considers not just what individuals do, but also their scope of alternatives to make other choices. It includes rich contextualized studies across Western and Eastern European countries and Japan, with a focus on gendered agency inequalities for work-life balance.
This collection is the first to analyse the results of the Jordan Labour Market Panel Survey of 2010 (JLMPS 2010), a major household survey of labour market conditions carried out in Jordan by the Economic Research Forum. The chapters cover topics that are essential to understanding the conditions leading to the Arab Spring, including the persistence of high youth unemployment despite fairly healthy economic growth, the co-existence of in-migration, high unemployment, and out-migration, the very low and stagnant female participation rates despite rapid increases in educational attainment and delayed marriage among Jordanian women, and the unusually early retirement among prime-age male workers. The chapters make use of this unique data set to provide a fresh analysis of the Jordanian labour market that was simply not feasible with previously existing data. The book will prove to be essential reading for anyone interested in the Economics of the Middle East and the political economy of the Arab Spring.
This edited volume analyses how EU membership influenced the convergence process of member countries in the Baltics, Central-Eastern and South-Eastern Europe. It also explores countries that are candidates for future EU membership. The speed of convergence of significant groups of low- and medium-income countries has never been as fast globally as it is today. Contributions by lead researchers of the area explore whether these countries are converging faster than their fundamentals and global trends would suggest because of EU membership, with its much tighter institutional and political anchorage
In 1965, a family-reunification policy for admitting immigrants to the United States replaced a system that chose immigrants based on their national origin. With this change, a 40-year hiatus in Asian immigration ended. Today, over three-quarters of US immigrants originate from Asia and Latin America. Two issues that dominate discussions of US immigration policy are the progress of post-reform immigrants and their contributions to the US economy. This book focuses on the earnings and human capital investment of Asian immigrants to the US after 1965. In addition, it provides a primer on studying immigrant economic assimilation, by explaining economists' methodology to measure immigrant earnings growth and the challenges with this approach. The book also illustrates strategies to more fully use census data such as how to measure family income and how to use "panel data" that is embedded in the census. The book is a historical study as well as an extremely timely work from a policy angle. The passage of the 1965 Immigration and Nationality Act set the United States apart among economically developed countries due to the weight given to family unification. Based on analyses by economists-which suggest that the quality of immigrants to the US fell after the 1965 law-policymakers have called for fundamental changes in the US system to align it with the immigration systems of other countries. This book offers an alternative view point by proposing a richer model that incorporates investments in human capital by immigrants and their families. It challenges the conventional model in three ways: First, it views the decline in immigrants' entry earnings after 1965 as due to investment in human capital, not to permanently lower "quality." Second, it adds human capital investment and earnings growth after entry to the model. And finally, by taking investments by family members into account, it challenges the policy recommendation that immigrants should be selected for their occupational qualifications rather than family connections.
This book offers a collection of distinguished contributions that identify current growth accelerators in India, and suggest policies and strategies to make India's growth more sustainable and inclusive. The papers are divided into three sections, the first of which focuses on issues related to industrial growth in India. The discussions include India's industrial development (manufacturing, construction and mining); role of manufacturing; global value chains; and of environment in industrial development. In turn, section II deals with issues related to trade and FDI as accelerators of India's growth. The respective chapters explore the changing patterns of trade, impacts of technology, and spill-over effects of FDI, to name but a few. Lastly, the third section discusses employment-related issues like measurement of labour input, the dichotomy of the Indian labour market, the nature of firms and employment generation, and impacts of technology on employment. Given its scope and focus, the book offers an invaluable resource for researchers and policymakers alike.
This book is written in support of proposals to reduce work time in order to improve employment opportunities. The authors, both of whom have been deeply involved in shorter workweek policy debates, argue that the failure of the U.S. to enact shorter workweek legislation when it was first proposed in the late 1950s was a significant policy mistake. They argue further that reduced work hours are an effective means to full employment, improved income distribution, and a stronger consumer market--in addition to promising a better life to the contemporary American family. Policymakers concerned with employment issues as well as trade union officials and students of industrial relations will find here a new framework of ideas to support the renewed consideration of shorter workweek legislation. The authors approach their subject by analyzing the consequences of the U.S. rejection of shorter workweek proposals over the past 30 years. Among them, they contend, are an increasing polarization of incomes, the devotion of more and more resources to the support of economic waste, and a continuing problem with unemployment. The current preoccupation with dollar-denominated growth (a legacy from the Great Depression) has produced a debt-ridden system which increasingly fails to accomodate people's real needs: hence, the authors call for a nonfinancial analysis of economic questions. Taken as a whole, this volume offers both an eloquent defense of leisure and a cogent analysis of the beneficial economic effects of the institution of a shorter workweek or longer annual vacation.
Understanding the New Global Economy: A European Perspective argues that globalisation is facing economic and political headwinds. A new global economic geography is emerging, cross-border relationships are changing, and global governance structures must come to terms with a new multipolar world. This book clarifies the fundamental questions and trade-offs in this new global economy, and gives readers the tools to understand contemporary debates. It presents a range of possible policy options, without being prescriptive. Following a modular structure, each chapter takes a similar approach but can also be read as a stand-alone piece. State-of-the-art academic research and historical experiences are weaved throughout the book, and readers are pointed towards relevant sources of information . This text is an accessible guide to the contemporary world economy, suited to students of international economics, political economy, globalisation, and European studies. It will also be valuable reading for researchers, professionals, and general readers interested in economics, politics, and civil society.
This edited collection focuses on migrant women and their families, aiming to study their migration patterns in a historical and gendered perspective from early modernity to contemporary times, and to reassess the role and the nature of their commitment in migration dynamics. It develops an incisive dialogue between migration studies and gender studies. Migrant women, men and their families are studied through three different but interconnected and overlapping standpoints that have been identified as crucial for a gender approach: institutions and law, labour and the household economy, and social networks. The book also promotes the potential of an inclusive approach, tackling various types of migration (domestic and temporary movements, long-distance and international migration, temporary/seasonal mobility) and arguing that different migration phenomena can be observed and understood by posing common questions to different contexts. Migration patterns are shown to be multifaceted and stratified phenomena, resulting from a range of entangled economic, cultural and social factors. This book will be of interest to academics and students of economic history, as well as those working in gender studies and migration studies.
While gender has so often been found to be an important determinant of prevalence and outcomes of mental illness, economists have rarely focused on gender differences as a central element of their analyses. In this volume, we direct the focus of research in the economics of mental health squarely on the topic of gender. Each paper in this volume provides insight into the ways in which women and men are afflicted and affected by mental illness in the labor market. This volume will provide the reader with a richer understanding of prevalence of mental disorders, the educational, employment and earnings impacts of psychiatric disease, and prospects for treating and providing access to health care for the mentally ill.
The recent financial crisis has created a public outcry over top-executive pay packages and has led to calls for reform of executive pay in Europe and the US. The current controversy is not the first - nor will it be the last - time that executive compensation has sparked outrage and led to regulation on both sides of the Atlantic. This volume compares US and European CEOs to trace the evolution of executive compensation, its controversies and its resulting regulations. It shows that many features of current executive compensation practices reflect the, often-unintended, consequences of regulatory responses to perceived abuses in top-executive pay, which frequently stem from relatively isolated events or situations. Regulation creates unintended (and usually costly) side effects and it is often driven by political agendas rather than shareholder value. Improvements in executive compensation are more likely to come from stronger corporate governance, and not through direct government intervention. The volume also examines the effects of incentive schemes and the patterns of performance related pay both within and across countries. It documents a number of empirical regularities and discusses whether government should intervene to support the implementation of incentive pay schemes. It argues that it makes little sense to undertake reform without detailed simulations of the effect on the economy under alternative economic scenarios, based on sound analysis and extensive discussion with labour, management, and government decision-makers.
This book systematically evaluates the impacts of deregulatory reforms on employment relations in Japan especially focusing on the core white collar workers. Concentrating on changes in three aspects of employment relations; contracts, employee mobility and worker effort, it examines the process of social negotiation and its results.
This book provides the first ever comprehensive economic evaluation of the long-standing German system of works councils and worker directors on company boards. This system of codetermination, or "Mitbestimmung, " is unique in the degree of information provision, consultation, and participation ceded employees. Addison analyzes the effects of works councils on establishment productivity, profitability, investment in physical and intangible capital, employment, training, wages and organizational flexibility, as well as the influence of worker directors on some of the same indicators plus, critically, shareholder value. Today, works councils are in decline while worker directors have scarcely been embraced either from within or without. This book examines these challenges and addresses the likely evolution of codetermination.
This is the first comprehensive account in any language of Israel's central labour organization (the Histradut) and the Israeli Labour Party.
This collection of papers on comparable worth written by political scientists contains the best annotated bibliography on comparable worth that this reviewer has yet seen. One notable paper categorizes the 50 states as to whether they have conducted a comparable worth legislation, and have implemented comparable worth. Other contributors explain how job evaluation can be performed to implement comparable worth, describe the difficulties and possible bias in job evaluation methods, and present US case studies. . . . It has an outstanding bibliography and overview of many important issues. Choice Legislation outlawing sexual discrimination and mandating policies of equal pay for equal work has clearly failed to produce the intended results. Women workers continue to be paid substantially less than men, and more and more families headed by women have sunk below the poverty level. This volume of essays focuses on major issues that must be faced before a public policy promoting pay equity can become a reality. Combining the contributions of specialists from several disciplines, it offers statistical comparisons and analyses of wage inequities in various occupations, industries, and regions; case studies of comparable worth programs; and a conceptual framework for approaching the problem on a policy level.
The economic crisis has revealed the dark side of deregulation in the labour market: rising unemployment, limited access to social security and, due to low wages, no savings to count upon in bad times. This book casts light on the empirical relationship between labour market deregulation through non-standard contracts and the three main dimensions of worker security: employment, income and social security. Focusing on individual work histories, it looks at how labour market dynamics interact with the social protection system in bringing about inequality and insecurity. In this context Italy is put forward as the epitome of flexibility through non-standard work and compared with three similar countries: Germany, Spain and Japan. Results show that when flexibility is carried out as a mere cost-reduction device and social security only relies on insurance principles, deregulation leads to insecurity. 'The political economy of work security and flexibility' is essential reading for academics, students, practitioners and policy makers interested in the outcomes of labour market developments in advanced economies over the past twenty years.
This book is a collection of fifteen contributions that undertake a detailed analysis of seven broad dimensions of India's economy and society. All the contributions approach the problems in their respective areas empirically, while being theoretically informed. The book begins with a section containing detailed and empirically supported chapters on the recent crisis in India's agricultural sector and the reforms in the agricultural markets. Another section is dedicated to the issue of infrastructure financing, and new ways of financing large infrastructural projects are critically examined. Other sections are related to innovations and technology impacts on industry; international trade; health and education; labor and employment; and the very important issue of gender. The selected discussion topics are both of contemporary importance and expected to remain so for some time. Most of the chapters introduce readers to data in addition to methods of analyzing this data, to arrive at policy-oriented conclusions. The rich collection carries learnings for researchers working on a wide range of topics related to development studies, as well as for policymakers and corporate watchers.
This book analyses the 2018 Global Compact on Migration and the need for, and difficulties of adopting a multilateral agreement on migration. Particular attention is given to the challenges and constraints involved, given not only the divergent needs and conditions of different counties but also the varying interests of different groups within countries. A synoptic history of previous attempts at reaching a multilateral migration agreement is provided, from 1927 onwards, to give context to the recent negotiations. The lack of a clear recognition of migration as a global process and the absence of a firm commitment to responsibility- sharing arrangements are highlighted. The book explains why the 2018 migration is both a breakthrough and at the same time an opportunity lost. In doing so,] it also analyses the limitations of the present deal, including inadequate attention to the root causes of forced and disruptive migration in origin countries, and highlights how the 2018 agreement can be built upon to create a dynamic harmony in the global migration system. The book will be relevant to researchers and policy makers as well as to professionals and activists concerned with migration, labour economics and international development.
The wages of workers are a primary determinant of a worker's standard of living. There has been a long history of governmental action attempting to construct a fair and equitable method of ensuring a living wage to the worker. This book traces the historical developmental process, examining the theory behind minimum wage programs and the first 50 years of the operation of the American Fair Labor Standards Act. Here are gathered key data and information that explain the effects of the FLSA on the worker and the employer.
This volume is devoted to three key themes central to studies in regional science: the sub-national labor market, migration, and mobility, and their analysis. The book brings together essays that cover a wide range of topics including the development of uncertainty in national and subnational population projections; the impacts of widening and deepening human capital; the relationship between migration, neighborhood change, and area-based urban policy; the facilitating role played by outmigration and remittances in economic transition; and the contrasting importance of quality of life and quality of business for domestic and international migrants. All of the contributions here are by leading figures in their fields and employ state-of-the art methodologies. Given the variety of topics and themes covered this book, it will appeal to a broad range of readers interested in both regional science and related disciplines such as demography, population economics, and public policy.
The global Basic Income debate is now widespread, diverse, and relatively well resourced by academic and more popular literature: but that does not mean that there is universal agreement about every topic of discussion. In fact, there is still a quite heated debate about some of the most basic questions, such as 'What is a Basic Income?' 'What's the point?', and 'Is it feasible?' This book is not yet another general introduction to Basic Income. There are already plenty of those. It is entirely about those aspects of the debate about which there is most discussion and sometimes the most conflict. It is based on conference papers, previously published chapters, and other previously published articles, working papers, and reports: material that has already benefited from consultation and debate, as is appropriate for a book about aspects of a debate that are the subject of frequent consultation and discussion. |
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