Originally published in 1981, Automatic Poverty provides a much-needed alternative to the Radical Right's analysis. The book argues that Britain's economic decline is symptomatic of an advanced stage of industrialisation in which productive processes are increasingly mechanised, but output remains static. Under these circumstances workers become redundant, the income of the working class diminishes, and dependence on the state increases. The 'Ricardo phenomenon' has become long-term feature of the British economy, and the author shows that neither Keynesian nor monetarist policies can remedy its consequences. It reflects a critical stage in the development of capitalism.
Originally published in 1981, Automatic Poverty provides a much-needed alternative to the Radical Right's analysis. The book argues that Britain's economic decline is symptomatic of an advanced stage of industrialisation in which productive processes are increasingly mechanised, but output remains static. Under these circumstances workers become redundant, the income of the working class diminishes, and dependence on the state increases. The 'Ricardo phenomenon' has become long-term feature of the British economy, and the author shows that neither Keynesian nor monetarist policies can remedy its consequences. It reflects a critical stage in the development of capitalism.
This book discusses critical policy issues that need to be addressed if India wishes to achieve the SDG 1 based elusive goal of ending poverty in the country. In its nine chapters, it takes the...
This story of the birth and infancy of the United Auto Workers, told by two participants, shows how the gains workers made were neither easy nor inevitable-not automatic-but required strategic and...
Poverty is an issue facing countries around the globe, yet it is a multi-dimensional phenomenon caused by a variety of factors, differing from context with no linear chain of cause and effect. The...
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