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Inequality and Power: The Economics of Class (Routledge Frontiers of Political Economy)

Eric A. Schutz
4.9/5 (20672 ratings)
Description:This book is about the causes and consequences of economic inequality in the advanced market economies of today. It is commonplace that in market systems people choose their own individual economic destinies, but of course the choices people make are importantly determined by the alternatives available to them: economic disparity arises mainly from unequal opportunity. Yet this merely begs the question; from whence do the vast existing inequalities of opportunity arise? This book theorizes power and social class as the real crux of economic inequality.Most of mainstream economics studiously eschews questions involving social power, preferring to focus instead on "individual choice subject to constraint" in contexts of "well-functioning markets." Yet both "extra-market" power structures and power structures arising from within the market system itself are unavoidably characteristic of real-world market-based economies. The normal working of labor and financial markets engenders an inherent wealth-favoring bias in the distribution of opportunities for occupational choice. But that bias is greatly compounded by the economic, social, political and cultural power structures that constitute the class system. For those power structures work to distribute economic benefit to class elites, and are in turn undergirded by the disparities of wealth they thus help engender.Inequality and Power offers an economic analysis of the power structures constituting that class system: employers' power over employees; the power of certain businesses over others; professionals' power over their clients and other employees; cultural power in the media and education systems; and political power in "democratic" government. Schutz argues that a "class analysis" of the trend of increasing economic inequality today is superior to the mainstream economic analysis of that trend. After considering what is wrong with power-based inequality in term of criteria of distributive justice and economic functionality, the book concludes with an outline of various possible correctives.This book should be of interest to students and researchers in economics, sociology, political science and philosophy, as well as anyone interested in the theories of social class.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Inequality and Power: The Economics of Class (Routledge Frontiers of Political Economy). To get started finding Inequality and Power: The Economics of Class (Routledge Frontiers of Political Economy), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
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Release
ISBN
0415554802

Inequality and Power: The Economics of Class (Routledge Frontiers of Political Economy)

Eric A. Schutz
4.4/5 (1290744 ratings)
Description: This book is about the causes and consequences of economic inequality in the advanced market economies of today. It is commonplace that in market systems people choose their own individual economic destinies, but of course the choices people make are importantly determined by the alternatives available to them: economic disparity arises mainly from unequal opportunity. Yet this merely begs the question; from whence do the vast existing inequalities of opportunity arise? This book theorizes power and social class as the real crux of economic inequality.Most of mainstream economics studiously eschews questions involving social power, preferring to focus instead on "individual choice subject to constraint" in contexts of "well-functioning markets." Yet both "extra-market" power structures and power structures arising from within the market system itself are unavoidably characteristic of real-world market-based economies. The normal working of labor and financial markets engenders an inherent wealth-favoring bias in the distribution of opportunities for occupational choice. But that bias is greatly compounded by the economic, social, political and cultural power structures that constitute the class system. For those power structures work to distribute economic benefit to class elites, and are in turn undergirded by the disparities of wealth they thus help engender.Inequality and Power offers an economic analysis of the power structures constituting that class system: employers' power over employees; the power of certain businesses over others; professionals' power over their clients and other employees; cultural power in the media and education systems; and political power in "democratic" government. Schutz argues that a "class analysis" of the trend of increasing economic inequality today is superior to the mainstream economic analysis of that trend. After considering what is wrong with power-based inequality in term of criteria of distributive justice and economic functionality, the book concludes with an outline of various possible correctives.This book should be of interest to students and researchers in economics, sociology, political science and philosophy, as well as anyone interested in the theories of social class.We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Inequality and Power: The Economics of Class (Routledge Frontiers of Political Economy). To get started finding Inequality and Power: The Economics of Class (Routledge Frontiers of Political Economy), you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.
Pages
Format
PDF, EPUB & Kindle Edition
Publisher
Release
ISBN
0415554802

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