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Books > Social sciences > Sociology, social studies > Social issues > Unemployment
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Automatic Poverty (Paperback)
Loot Price: R1,073
Discovery Miles 10 730
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Automatic Poverty (Paperback)
Series: Routledge Library Editions: Welfare and the State
Expected to ship within 10 - 15 working days
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Originally published in 1981, Automatic Poverty provides a
much-needed alternative to the Radical Right's analysis. The book
argues that Britain's economic decline is symptomatic of an
advanced stage of industrialisation in which productive processes
are increasingly mechanised, but output remains static. Under these
circumstances workers become redundant, the income of the working
class diminishes, and dependence on the state increases. The
'Ricardo phenomenon' has become long-term feature of the British
economy, and the author shows that neither Keynesian nor monetarist
policies can remedy its consequences. It reflects a critical stage
in the development of capitalism.
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