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Social Reproduction : The Political Economy of the Labour Market - Antonella Picchio

Social Reproduction

The Political Economy of the Labour Market

Hardcover Published: 27th November 1992
ISBN: 9780521418720
Number Of Pages: 208

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This book focuses on the relationship between the process of production of commodities and the process of social reproduction of the labouring population, and seeks to restore that problematic relationship to the central place it had in the analysis of Smith, Ricardo, and Marx. The argument is directly opposed to that of the wages-fund theorists, who rejected the classical view of labour as a very special type of commodity whose price (the 'natural wage') was determined exogenously by material, historical and institutional factors. By substituting a strict supply-and-demand mechanism they and their followers effectively removed the whole question of social reproduction from economic theory. This rendered marginal or analytically invisible certain fundamental aspects of the system, most prominently the role of the state in the process of social reproduction and women's work of reproduction. Examination of the 1909 Poor Law report and of the women's labour market shows that what disappeared from theory remained crucial for economic policy. In this investigation the author draws on the history of economic thought, social history, and applied economics, using the surplus definition of profit (production minus subsistence of the labouring population). The resulting perspective, centred on the relation between production and social reproduction, opens new directions for economic analysis.

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"A welcome addition to advanced undergraduate and graduate collections as an extension and additon to more wide-based readings in the history of economic thought." Choice

Introduction
Wages as exogenous costs of social reproduction
The displacement effect of the wages fund theory
The role of the state in the labour market: i.e. social insecurity
Women and The Poor Law
Women's work at the core of the labour market
The supply of labour as process of social reproduction
Notes
Bibliography
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780521418720
ISBN-10: 0521418720
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 208
Published: 27th November 1992
Publisher: CAMBRIDGE UNIV PR
Country of Publication: GB
Dimensions (cm): 23.7 x 15.77  x 1.65
Weight (kg): 0.4

Earn 581 Qantas Points
on this Book