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Naming the system:

inequality and work in the global economy
Front Cover
5 Reviews
Monthly Review Press, Mar 1, 2003 - Business & Economics - 288 pages
The economic boom of the 1990s created huge wealth for the bosses, but benefited workers hardly at all. At the same time, the bosses were able to take the political initiative and even the moral high ground, while workers were often divided against each other. This new book by leading labor analyst Michael D. Yates seeks to explain how this happened, and what can be done about it. Essential to both tasks is "naming the system"the system that ensures that those who do the work do not benefit from the wealth they produce. Yates draws on recent data to show that the growing inequalityglobally, and within the United Statesis a necessary consequence of capitalism, and not an unfortunate side-effect that can be remedied by technical measures. To defend working people against ongoing attackson their working conditions, their living standards, and their future and that of their childrenand to challenge inequality, it is necessary to understand capitalism as a system and for labor to challenge the political dominance of capitalist interests. Naming the Systemexamines contemporary trends in employment and unemployment, in hours of work, and in the nature of jobs. It shows how working life is being reconfigured today, and how the effects of this are masked by mainstream economic theories. It uses numerous concrete examples to relate larger theoretical issues to everyday experience of the present-day economy. And it sets out the strategic options for organized labor in the current political context, in which the U.S.-led war on terrorism threatens to eclipse the anti-globalization movement.

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Review: Naming the System: Inequality and Work in the Global Economy

User Review  - Nick - Goodreads

This is a fantastic introduction to "radical" economic theory. I am very fortunate to have had a college instructor who would recommend it, and the reasons why few would recommend a book like this are covered in the book. Read full review

Review: Naming the System: Inequality and Work in the Global Economy

User Review  - Zach - Goodreads

The best introductory overview of economics and capitalism from a left perspective that I've encountered. Yates systematically deconstructs libertarian and neoliberal economic thought, and then sets ... Read full review

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Contents

Inequality among Nations
36
Inequality and Poverty within Nations
145
Testing the Neoclassical Predictions
148
Copyright

26 other sections not shown

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About the author (2003)

Michael D. Yates is associate editor of Monthly Review and editorial director of Monthly Review Press. He is the author of Why Unions Matter (Second Edition) and Cheap Motels and a Hot Plate (both Monthly Review Press).