Contradictions

Finance, Greed, and Labor Unequally Paid

Nonfiction, Social & Cultural Studies, Political Science, Politics, Economic Policy, Business & Finance
Cover of the book Contradictions by , Emerald Group Publishing Limited
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: ISBN: 9781781906712
Publisher: Emerald Group Publishing Limited Publication: May 9, 2013
Imprint: Emerald Group Publishing Limited Language: English
Author:
ISBN: 9781781906712
Publisher: Emerald Group Publishing Limited
Publication: May 9, 2013
Imprint: Emerald Group Publishing Limited
Language: English

This volume analyzes two decisive factors that have become embedded in the world spread of capitalism, a shift toward dominance of the financial sector, now entailing massive greed and calling into question whether the 'rules' of capitalism have been broken, and of global wage differentials so deep that recognition of a labor aristocracy cannot be avoided. These chapters are supplemented by two additional showing that gold still regulates the dollar's value, and that unpaid reproductive labor of women adversely affects labor productivity. Analysis of finance engenders discussion of its place in value theory, posed around the rate of profit, and is more complex than often presented. Furthermore, the varying rates of profit at the firm level, not just for financials, are distributed in a manner exhibiting more frequent extreme cases than a Bell-curve would suggest. Implications for incorporation of randomization into political economy are drawn. The final chapters provide evidence that Marx was more correct than Kalecki and Minsky when arguing the lead of profits for investment, and that product innovations can mitigate problems of over-production resulting from process innovations.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

This volume analyzes two decisive factors that have become embedded in the world spread of capitalism, a shift toward dominance of the financial sector, now entailing massive greed and calling into question whether the 'rules' of capitalism have been broken, and of global wage differentials so deep that recognition of a labor aristocracy cannot be avoided. These chapters are supplemented by two additional showing that gold still regulates the dollar's value, and that unpaid reproductive labor of women adversely affects labor productivity. Analysis of finance engenders discussion of its place in value theory, posed around the rate of profit, and is more complex than often presented. Furthermore, the varying rates of profit at the firm level, not just for financials, are distributed in a manner exhibiting more frequent extreme cases than a Bell-curve would suggest. Implications for incorporation of randomization into political economy are drawn. The final chapters provide evidence that Marx was more correct than Kalecki and Minsky when arguing the lead of profits for investment, and that product innovations can mitigate problems of over-production resulting from process innovations.

More books from Emerald Group Publishing Limited

Cover of the book Gender Segregation in Vocational Education by
Cover of the book Emotion and School by
Cover of the book Increasing Student Engagement and Retention Using Multimedia Technologies by
Cover of the book Socially Responsible Investment in the 21st Century by
Cover of the book Living on the Boundaries by
Cover of the book Exploring Criminal and Illegal Enterprise by
Cover of the book Africa by
Cover of the book Achieving Global Convergence of Financial Reporting Standards by
Cover of the book Community Colleges Worldwide by
Cover of the book A Gedenkschrift to Randy Hodson by
Cover of the book Research in Organizational Change and Development by
Cover of the book Looking for Consensus by
Cover of the book The Use of Technical and Fundamental Analysis in the Stock Market in Emerging and Developed Economies by
Cover of the book Angel Financing in Asia Pacific by
Cover of the book 35th Anniversary Retrospective by
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy