Jim O'Connor invites us to think about the extent to which quality improvement
are built into capitalist competition. In longer historical context it appears
that competition has favoured those producing inferior goods. The Dutch out
smarted the Italians by producting cheaper garments. The British
Jim O'Connor invites us to think about the extent to which quality improvement
are built into capitalist competition. In longer historical context it appears
that competition has favoured those producing inferior goods. The Dutch out
smarted the Italians by producting cheaper garments. The British
Some of you may recall the discussion about the wages paid
to the Indonesian women who make the Nikes. They get a few
cents,but the price of the shoes (or Shaquil, sp?) does not fall
accordingly.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 916-898-5
Some of you may recall the discussion about the wages paid
to the Indonesian women who make the Nikes. They get a few
cents,but the price of the shoes (or Shaquil, sp?) does not fall
accordingly.
--
Michael Perelman
Economics Department
California State University
Chico, CA 95929
Tel. 916-898-5
I think what's happening is right out of the pages of
Das Capital. Low wages/high productivity in industries
producing internationally-traded goods lowers the value
content of the average consumption basket, cet. par.
increasing relative surplus value world-wide. High
productivity sectors are ba
I think what's happening is right out of the pages of
Das Capital. Low wages/high productivity in industries
producing internationally-traded goods lowers the value
content of the average consumption basket, cet. par.
increasing relative surplus value world-wide. High
productivity sectors are ba
Doug wants to if pay and productivity wage is sustainable. I think it
is, as long as there is abundant labor--articulation of the modes of
production a la Rey if you will. South Korea of course is increasingly
facing a labor shortage, relatively speaking hence there is pressure on
the part o
Doug wants to if pay and productivity wage is sustainable. I think it
is, as long as there is abundant labor--articulation of the modes of
production a la Rey if you will. South Korea of course is increasingly
facing a labor shortage, relatively speaking hence there is pressure on
the part o
Is this vast wedge between pay & productivity sustainable?
Doug
Doug Henwood [[EMAIL PROTECTED]]
Left Business Observer
212-874-4020 (voice)
212-874-3137 (fax)
PS: I'd like to hear more about your work on SK steel.
On Wed, 26 Jan 1994, Anthony D'Costa wrote:
> Low wages is a challenge, no dou
Is this vast wedge between pay & productivity sustainable?
Doug
Doug Henwood [[EMAIL PROTECTED]]
Left Business Observer
212-874-4020 (voice)
212-874-3137 (fax)
PS: I'd like to hear more about your work on SK steel.
On Wed, 26 Jan 1994, Anthony D'Costa wrote:
> Low wages is a challenge, no dou
Low wages is a challenge, no doubt, especially when combined with high
productivity. Harley Shaiken's study on the maquiladoras (1990) and my
own study of the South Korean steel industry indicate. Increasingly I
see the possibility of other products, software for example, to be driven
by low
Low wages is a challenge, no doubt, especially when combined with high
productivity. Harley Shaiken's study on the maquiladoras (1990) and my
own study of the South Korean steel industry indicate. Increasingly I
see the possibility of other products, software for example, to be driven
by low
On the issue raised a while back by Nathan Newman, quoting
the Economist to the effect that free trade has had little
effect on wages, I would strongly recommend Walter Russell
Mead's "The Low-Wage Challenge to Global Growth" by way of
rebuttal.
It's published by the Economic Policy Institute in
On the issue raised a while back by Nathan Newman, quoting
the Economist to the effect that free trade has had little
effect on wages, I would strongly recommend Walter Russell
Mead's "The Low-Wage Challenge to Global Growth" by way of
rebuttal.
It's published by the Economic Policy Institute in
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