Innovation and inequality : how does technical progress affect workers? /

Karl Marx predicted a world in which technical innovation would increasingly devalue and impoverish workers, but other economists thought the opposite, that it would lead to increased wages and living standards--and the economists were right. Yet in the last three decades, the market economy has bee...

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Bibliographic Details
Main Author: Saint-Paul, Gilles (Author)
Format: Electronic eBook
Language:English
Published: Princeton, N.J. : Princeton University Press, ©2008.
Subjects:
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Summary:Karl Marx predicted a world in which technical innovation would increasingly devalue and impoverish workers, but other economists thought the opposite, that it would lead to increased wages and living standards--and the economists were right. Yet in the last three decades, the market economy has been jeopardized by a worrying phenomenon: a rise in wage inequality that has left a substantial portion of the workforce worse off despite the continuing productivity growth enjoyed by the economy. Innovation and Inequality examines why. Studies have firmly established a link between this worrying tre.
Item Description:EBSCO eBook Academic Comprehensive Collection North America
EBSCO eBook Business Collection
Books at JSTOR Evidence Based Acquisitions
Project MUSE Universal EBA Ebooks
Physical Description:1 online resource (xiv, 190 pages) : illustrations
Bibliography:Includes bibliographical references (pages 187-190).
ISBN:9781400824779
140082477X
1282129619
9781282129610