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Globalization And The Politics Of Pay.


Globalization globalization

Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation
 And The Politics Of Pay

Susan B. Hansen

Georgetown University Georgetown University, in the Georgetown section of Washington, D.C.; Jesuit; coeducational; founded 1789 by John Carroll, chartered 1815, inc. 1844. Its law and medical schools are noteworthy, and its archives are especially rich in letters and manuscripts by and  Press

3240 Prospect Street, NW, Washington D.C. 20007

1589010084 $24.95 www.press.georgetown.edu 1-202-687-5889

Globalization And The Politics Of Pay: Policy Choices In American States by Susan B. Hansen (Professor Of Political Science and Women's Studies women's studies
pl.n. (used with a sing. or pl. verb)
An academic curriculum focusing on the roles and contributions of women in fields such as literature, history, and the social sciences.
 at the University Of Pittsburgh) is a scholarly and serious-minded study of the economic, political, and social causes of declining overall labor wages in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . Daring to defy the conventional wisdom that globalization is placing the primary downward pressure on American wages, Globalization And The Politics Of Pay, Hansen's comprehensive analysis presents evidence that free-market ideologies, low voter turnout, and choices made directly by America's states through their laws and policies have had a greater effect on keeping wages low than globalization; furthermore, foreign trade and investment can lead to higher pay in the state labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience . Adhering strictly to rigorous economic principles, Hansen presents new measures of state and federal labor costs in order to scrutinize scru·ti·nize  
tr.v. scru·ti·nized, scru·ti·niz·ing, scru·ti·niz·es
To examine or observe with great care; inspect critically.



scru
 the good and bad effects of reducing wages and benefits. Above all, Globalization And The Politics Of Pay warns that while higher labor costs can be blamed for creating more unemployment, lower labor costs and declining personal income can bring about slower economic growth and a reduced position in international trade. Highly recommended.
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Title Annotation:Globalization and the Politics of Pay: Policy Choices in American States
Publication:Internet Bookwatch
Article Type:Book review
Date:Oct 1, 2006
Words:222
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