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The Global Economic Mismatch - High Technology and Low Pay (Hardcover, New)
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The Global Economic Mismatch - High Technology and Low Pay (Hardcover, New)
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In this study, labor economist Henry Schechter concludes that there
is a need for greater international prohibitions and for keeping
open channels for collective bargaining for higher wages. He
presents an analysis of recent changes in the United States and
elsewhere, highlighting the spread of automated production
technology to lesser developed, low-wage areas of the world, which
leads to global demand-supply imbalances and downward pressure on
wages. This circumstance, he charges, is aggravated as
multinational corporations affiliate with one another, lessening
competition and increasing monopolistic influences worldwide. This
work will be of interest to the scholars and policymakers in
academia, government, business, and the labor movement concerned
with fiscal and labor economic policies.
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