The Invisible Handcuffs of Capitalism: How Market Tyranny Stifles the Economy by Stunting Workers (Hardback)

Michael Perelman

Edité par Monthly Review Press, 2011
ISBN 10: 1583672303 / ISBN 13: 9781583672303
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Language: English Brand New Book. Mainstream, or more formally, neoclassical, economics claims to be a science. But as Michael Perelman makes clear in his latest book, nothing could be further from the truth. While a science must be rooted in material reality, mainstream economics ignores or distorts the most fundamental aspect of this reality: that the vast majority of people must, out of necessity, labor on behalf of others, transformed into nothing but a means to the end of maximum profits for their employers. The nature of the work we do and the conditions under which we do it profoundly shape our lives. And yet, both of these factors are peripheral to mainstream economics.By sweeping labor under the rug, mainstream economists hide the nature of capitalism, making it appear to be a system based upon equal exchange rather than exploitation inside every workplace. Perelman describes this illusion as the invisible handcuffs of capitalism and traces its roots back to Adam Smith and his contemporaries and their disdain for working people. He argues that far from being a basically fair system of exchanges regulated by the invisible hand of the market, capitalism handcuffs working men and women (and children too) through the very labor process itself. Neoclassical economics attempts to rationalize these handcuffs and tells workers that they are responsible for their own conditions. What we need to do instead, Perelman suggests, is eliminate the handcuffs through collective actions and build a society that we direct ourselves. N° de réf. du libraire

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Titre : The Invisible Handcuffs of Capitalism: How ...
Éditeur : Monthly Review Press
Date d'édition : 2011
Reliure : Hardback
Etat du livre : New
Edition : New..

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Perelman, Michael
Edité par Monthly Review Pr (2011)
ISBN 10 : 1583672303 ISBN 13 : 9781583672303
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Description du livre Monthly Review Pr, 2011. Hardcover. État : Brand New. 280 pages. 8.75x6.00x1.00 inches. In Stock. N° de réf. du libraire __1583672303

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Michael Perelman
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ISBN 10 : 1583672303 ISBN 13 : 9781583672303
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Description du livre Monthly Review Press, United States, 2011. Hardback. État : New. New.. 211 x 145 mm. Language: English . Brand New Book. Mainstream, or more formally, neoclassical, economics claims to be a science. But as Michael Perelman makes clear in his latest book, nothing could be further from the truth. While a science must be rooted in material reality, mainstream economics ignores or distorts the most fundamental aspect of this reality: that the vast majority of people must, out of necessity, labor on behalf of others, transformed into nothing but a means to the end of maximum profits for their employers. The nature of the work we do and the conditions under which we do it profoundly shape our lives. And yet, both of these factors are peripheral to mainstream economics.By sweeping labor under the rug, mainstream economists hide the nature of capitalism, making it appear to be a system based upon equal exchange rather than exploitation inside every workplace. Perelman describes this illusion as the invisible handcuffs of capitalism and traces its roots back to Adam Smith and his contemporaries and their disdain for working people. He argues that far from being a basically fair system of exchanges regulated by the invisible hand of the market, capitalism handcuffs working men and women (and children too) through the very labor process itself. Neoclassical economics attempts to rationalize these handcuffs and tells workers that they are responsible for their own conditions. What we need to do instead, Perelman suggests, is eliminate the handcuffs through collective actions and build a society that we direct ourselves. N° de réf. du libraire AAO9781583672303

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Michael Perelman
Edité par Monthly Review Press, United States (2011)
ISBN 10 : 1583672303 ISBN 13 : 9781583672303
Neuf(s) Couverture rigide Quantité : 10
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The Book Depository US
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Description du livre Monthly Review Press, United States, 2011. Hardback. État : New. New.. 211 x 145 mm. Language: English . Brand New Book. Mainstream, or more formally, neoclassical, economics claims to be a science. But as Michael Perelman makes clear in his latest book, nothing could be further from the truth. While a science must be rooted in material reality, mainstream economics ignores or distorts the most fundamental aspect of this reality: that the vast majority of people must, out of necessity, labor on behalf of others, transformed into nothing but a means to the end of maximum profits for their employers. The nature of the work we do and the conditions under which we do it profoundly shape our lives. And yet, both of these factors are peripheral to mainstream economics.By sweeping labor under the rug, mainstream economists hide the nature of capitalism, making it appear to be a system based upon equal exchange rather than exploitation inside every workplace. Perelman describes this illusion as the invisible handcuffs of capitalism and traces its roots back to Adam Smith and his contemporaries and their disdain for working people. He argues that far from being a basically fair system of exchanges regulated by the invisible hand of the market, capitalism handcuffs working men and women (and children too) through the very labor process itself. Neoclassical economics attempts to rationalize these handcuffs and tells workers that they are responsible for their own conditions. What we need to do instead, Perelman suggests, is eliminate the handcuffs through collective actions and build a society that we direct ourselves. N° de réf. du libraire AAO9781583672303

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