Persistent Inequalities
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Persistent Inequalities: Wage Disparity under Capitalist Competition

Persistent Inequalities: Wage Disparity under Capitalist Competition


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About the Book

Up to now, most radical, as well as neoclassical, economists have assumed that significant wage differentials among workers of similar skill and ability will endure only when competition in the capital and/or labor market is seriously restricted. In contrast, this work uses a classical Marxist analysis of real capitalist competition to show that substantial patterns of wage disparity can persist despite high levels of competition and significant degrees of labor mobility. Indeed, Howard Botwinick argues in this provocative work that capitalist competition often militates against the equalization of wage rates. An analytical strength of this new approach is that critical institutionalist insights concerning the impact of unions and industry structure can now be rigorously incorporated within a highly competitive framework. Thus, this book provides unorthodox economists with a robust alternative to efficiency wage theories, which are once again suggesting that unions have little long-term effect on the inter-industry wage structure. In addition to providing the basis for a new explanation for the persistence of race and gender inequality, the work has important implications for effective trade union strategies in an increasingly competitive environment. Contrary to corporate calls for team production systems and other forms of labor-management cooperation, Botwinick argues that labor's most effective strategy is to build wider levels of militant union organization that can once again take wages and working conditions out of capitalist competition.

Review :
"Howard Botwinick has given us a prism through which to craft strategies to end the very decline and inequality he explains."—Kim Moody, Executive Director, Labor Education & Research Project and author of An Injury to All: The Decline of American Unionism


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Product Details
  • ISBN-13: 9780691042978
  • Publisher: Princeton University Press
  • Publisher Imprint: Princeton University Press
  • Height: 254 mm
  • No of Pages: 324
  • Sub Title: Wage Disparity under Capitalist Competition
  • Width: 197 mm
  • ISBN-10: 0691042977
  • Publisher Date: 15 Aug 1993
  • Binding: Hardback
  • Language: English
  • Returnable: Y
  • Weight: 652 gr


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