Persistent inequalities : wage disparity under capitalist competition / Howard Botwinick.

Format:

Book

Author/Creator:

Botwinick, Howard, 1951- author.

Series:

Historical materialism book series ; Volume 152.

Historical Materialism Book Series ; Volume 152

Language:

English

Subjects (All):

Wages.

Marxian economics.

Physical Description:

1 online resource (xiii, 370 pages).

Place of Publication:

Leiden ; Boston : Brill, [2018]

Summary:

Economists generally assume that wage differentials among similar workers will only endure when competition in the capital and/or labor market is restricted. In contrast, Howard Botwinick uses a classical Marxist analysis of real capitalist competition to show that substantial patterns of wage disparity can persist despite high levels of competition. Indeed, the author provocatively argues that competition and technical change often militate against wage equalization. In addition to providing the basis for a more unified analysis of race and gender inequality within labor markets, Botwinick’s work has important implications for contemporary union strategies. Going against mainstream proponents of labor-management cooperation, the author calls for militant union organization that can once again take wages and working conditions out of capitalist competition. This revised edition was originally published under the same title in 1993 by Princeton University Press.

Contents:

Front Matter

Introduction

Continuing Attempts to Square the Circle (Or, Competitive Theory Confronts Differential Wage Rates)

Capitalist Accumulation and the Aggregate Labour Market

Wage Differentials and the Aggregate Labour Market

Capitalist Competition and Differential Profit Rates

Capitalist Competition and Differential Wage Rates (I): The Analysis of Regulating Capitals

Capitalist Competition and Differential Wage Rates (II): Non-regulating Capitals and Differential Profit Rates

Conclusion

The Past 20 Years Have Not Been Pretty

Bibliography

Index.

Notes:

Includes bibliographical references and index.

Description based on print version record.

ISBN:

90-04-26959-2

OCLC:

1065084489

Publisher Number:

10.1163/9789004269590 DOI