>>> [EMAIL PROTECTED] 01/14/01 05:06PM >>>
Doug Henwood has posted a very
interesting URL regarding feminist
economics to lbo-talk. The story
appeared in the Boston Globe.
http://www.boston.com/globe/magazine/1-14/featurestory1.shtml
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"Folbre is seeking a deeper understanding of the poor job conditions and relatively
low pay associated with what she calls "caring labor" - day care, nursing, and care of
the elderly, which are professions dominated by women. Caring labor, she argues,
illuminates basic flaws in the market mechanisms that are sacrosanct to her fellow
economists. In standard economic theory, each individual is a "rational man," pursuing
his or her own self-interest. In society, neo-classical economists argue,
self-interests merge to create the best outcome for everyone. But, Folbre asks, if
markets work so well, why are wages for child-care workers so low that the profession
is plagued with high turnover, which makes it difficult for these caregivers to form
good relationships with the children? "
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CB: Caring labor is the source of labor power. Labor power is the source of labor .
Labor is the only source of new exchange value ( Nature is a source of new use-value).
Caring labor is the only source of the only source of new exchange-value.
