المستودع الأكاديمي جامعة المدينة

Capitalism, Unemployment and the Transition to the Contemporary Pattern of Growth

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dc.creator Petith, Howard
dc.date 2007-10-31T08:22:06Z
dc.date 2007-10-31T08:22:06Z
dc.date 2005-06-03
dc.date.accessioned 2017-01-31T00:57:48Z
dc.date.available 2017-01-31T00:57:48Z
dc.identifier http://hdl.handle.net/10261/1740
dc.identifier.uri http://dspace.mediu.edu.my:8181/xmlui/handle/10261/1740
dc.description A new model of unemployment based on an idea of Marx is presented and used to interpret the development of the British economy from the beginning of capitalism to the present. It is shown that unemployment may be created purposely by capitalists in order to weaken the bargaining position of the workers. This mechanism leads to complex temporal pattern of unemployment and can explain why wages took almost a century and a half to react to the growing capital to labour ratio that characterised early British capitalism.
dc.language eng
dc.relation UFAE and IAE Working Papers
dc.relation 649.05
dc.rights openAccess
dc.subject Capitalism
dc.subject Marx, Karl
dc.subject Great Britain
dc.subject Unemployment
dc.title Capitalism, Unemployment and the Transition to the Contemporary Pattern of Growth
dc.type Documento de trabajo


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