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Global Money, Capital Restructuring and the Changing Patterns of Labour (Hardcover)
Loot Price: R3,262
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Global Money, Capital Restructuring and the Changing Patterns of Labour (Hardcover)
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The last two decades have seen a reshaping of the international
economy together with a radical weakening in the conditions of the
working class. New productive techniques and methods in the
organization of labour have been implemented on a world-wide scale
partly as a consequence of the financialization of capital. The
geographical diffusion of market relations has continued and with
it the dominance of capital in all realms of social reproduction.
In charting this change, the book offers an alternative view of
contemporary capitalism. It has been suggested that we are entering
a new phase where the 'globalization' of economic activities is
fully achieved, where 'post-Fordist' regulation has overcome the
crisis of Keynesian capitalism, and where the dominant tendency is
towards the 'end of work'. In contrast to this view, the authors of
this book argue that current internationalization is not a
structure, but a contradictory process and that new patterns in the
division of labour while successful in increasing the pressure over
workers have not been able to supersede Fordism entirely. They
conclude that the slow growth of the economies, caused by
neoliberal economic policies, is a crucial factor in explaining
unemployment and the fragmentation of labour.
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