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The State in Relation to Labour (Hardcover)
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The State in Relation to Labour (Hardcover)
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W. Stanley Jevons was a central figure linking political economy
with social policy, and The State in Relation to Labour is the
quintessential product of that fusion. Jevons reviews how
legislation enacted for the protection of labor re-established the
social contract on a new industrial footing. The concept of
industrial partnership insured that the state continued to hold a
monopoly of power while taking account of rising labor agitation.
Jevons' scholarly brilliance is evident in this pathbreaking work
on economics and policy construction. The State in Relation to
Labour deals with the economic role of government in resolving
conflicts between different groups of English citizens. The issue
of class is central to the topic and two further points are
implicit. The first is the market economy as a product of the
institutions which form and operate through it. Jevons argues that
markets can be and indeed have been formed to favor one class
interest or another. Second, he asserts that conventional arguments
favor the class interests they serve, whether or not they are
recognized to doing so. Jevons neither shrinks from candid analysis
of English social, political and economic history and institutions
nor espouses an openly pragmatic approach to the economic role of
government. He eschews the erection of class or other ideological
sentiment into principles of policy. Implicit in his analysis is an
understanding that some law, some set of legal rights and
limitations, is necessary. The issue is not whether government will
establish relative rights and responsibilities but what they will
be and, further, when they will be changed. Among the topics
discussed are principles of industrial legislation, direct
interference of the state with labor, the Factory Acts, and similar
legislation directly affecting laborers, trade union legislation,
the law of industrial conspiracy, cooperation and industrial
partnership, and arbitration and conciliation. In a new
introduction, Warren J. Samuels examines the life and works of
William Stanley Jevons. He discusses the various arguments put
forth in The State in Relation to Labour, and the consequences of
Jevons' approach.
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