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Social and Behavioral Sciences Commons

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Economics

Illinois Wesleyan University

1999

Human capital

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Full-Text Articles in Social and Behavioral Sciences

The Effects On Labor Of Post-Industrial Globalization: A Comparison Of Marxist And Non-Marxist Paradigms, Louis Hyman Jan 1999

The Effects On Labor Of Post-Industrial Globalization: A Comparison Of Marxist And Non-Marxist Paradigms, Louis Hyman

University Avenue Undergraduate Journal of Economics

In this paper I will be examining the changes in labor conditions that have occurred during the last ten years, how they are intimately linked to new notions of information technology and the rise of a global economic perspective. I will compare the [Marxist and non-Marxist] trains of thought as well, and attempt to provide a notion of where I believe them to be sufficient and lacking. If these new notions of globalized post-industrial labor resolve the antagonism between Labor and Capital, they would signal a critical shift in the socioeconomic dynamics of the world, similar in importance to the …