Monograph on social structure and income distribution inequities in capitalist countries in light of Marxism social theory - examines social implications of advanced capitalism, income of the working class, occupational status and equal opportunities (by race and sex), and proposes appropriate statistical methodologies for use in quantitative evaluations. Bibliography pp. 261 to 266 and graphs.
Few themes have been as central to sociology as 'class' and yet class remains a perpetually contested idea. Sociologists disagree not only on how best to define the concept of class but on its general role in social theory and indeed on its continued relevance to the sociological analysis of contemporary society. Some people believe that classes have largely dissolved in contemporary societies; others believe class remains one of the fundamental forms of social inequality and social power. Some see class as a narrow economic phenomenon whilst others adopt an expansive conception that includes cultural dimensions as well as economic conditions. This 2005 book explores the theoretical foundations of six major perspectives of class with each chapter written by an expert in the field. It concludes with a conceptual map of these alternative approaches by posing the question: 'If class is the answer, what is the question?'
Monograph on social structure and income distribution inequities in capitalist countries in light of Marxism social theory - examines social implications of advanced capitalism, income of the working class, occupational status and equal opportunities (by race and sex), and proposes appropriate statistical methodologies for use in quantitative evaluations. Bibliography pp. 261 to 266 and graphs.
In the second edition of his essential book—which incorporates vital new information and new material on immigration, race, gender, and the social crisis following 2008—Michael Zweig warns that by allowing the working class to disappear into categories of "middle class" or "consumers," we also allow those with the dominant power, capitalists, to vanish among the rich. Economic relations then appear as comparisons of income or lifestyle rather than as what they truly are—contests of power, at work and in the larger society.
In a major work on economic and social policy, two prominent economists lead a debate to redistribute wealth. The book lays out the underlying logic of this proposal in detail, followed by responses by both critics and supporters.
Historian and political thinker Ellen Meiksins Wood argues that theories of “postmodern” fragmentation, “difference,” and con-tingency can barely accommodate the idea of capitalism, let alone subject it to critique. In this book she sets out to renew the critical program of historical materialism by redefining its basic concepts and its theory of history in original and imaginative ways, using them to identify the specificity of capitalism as a system of social relations and political power. She goes on to explore the concept of democracy in both the ancient and modern world, examining its relation to capitalism, and raising questions about how democracy might go beyond the limits imposed on it.
John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning
Leading sociologist examines how different readings of class enrich our understanding of capitalism Few ideas are more contested today than “class.” Some have declared its death, while others insist on its centrality to contemporary capitalism. It is said its relevance is limited to explaining individuals’ economic conditions and opportunities, while at the same time argued that it is a structural feature of macro-power relations. In Understanding Class, leading left sociologist Erik Olin Wright interrogates the divergent meanings of this fundamental concept in order to develop a more integrated framework of class analysis. Beginning with the treatment of class in Marx and Weber, proceeding through the writings of Charles Tilly, Thomas Piketty, Guy Standing, and others, and finally examining how class struggle and class compromise play out in contemporary society, Understanding Class provides a compelling view of how to think about the complexity of class in the world today.
"Erik Olin Wright's Classes was hailed on publication, by the American Journal of Sociology, as 'almost certain to be the most important book on social classes' of the decade. The Debate on Classes brings together major critics of Wright's work to assess the adequacy of his theory. Also included are Wright's own spirited responses and reformulations in the light of these criticisms, thereby presenting the reader with an open, scholarly discussion in which intellectual collaboration develops an understanding of the impact of class on the wider terrain of culture and politics.".
