Globalization and the Politics of Pay: Policy Choices in the American States

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Georgetown University Press, 23. 5. 2006 - Počet stran: 248

In the American federal system, states actively compete for jobs, business investment, and factory locations. Labor costs have played an important role in such interstate competition since the days of the pre-Civil War plantation economy. In recent years, however, global economic trends have put added pressures on businesses and government to reduce labor costs. At least, that is what most politicians, the media, and the business community believe.

Globalization and the Politics of Pay examines the economic, political, and social causes and consequences of declining wages in the United States. It challenges the conventional wisdom that globalization is to blame for the decline in workers' earnings. Susan B. Hansen presents a comprehensive analysis of the many factors affecting labor costs and concludes that many of them result from choices made by the states themselves through the laws and policies they enact. In addition, free-market ideologies and low voter turnout have had greater effects in keeping wages down than globalization. In fact, foreign trade and investment can actually result in higher pay in the state labor market.

In this rigorous yet surprising study, Hansen develops new measures of state and federal labor costs to test competing theories of the consequences of reducing wages and benefits. Most economists would argue that higher labor costs cause higher unemployment, and that reducing labor costs will lead to higher levels of job creation. But citizens and elected officials must weigh any employment gains in lower-wage jobs against slower state economic growth, declining personal income, and a less-competitive position in international trade. Cutting state labor costs is shown to have adverse social consequences, including family instability, high crime rates, poverty, and low voter turnouts. The book concludes with policy recommendations for state governments trying to balance their need for more jobs with policies to enhance productivity, living standards, social stability, and international competitiveness.

 

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Obsah

Globalization Interstate Competition and Labor
1
Labor Costs and State Competitiveness
6
Theoretical Foundations
9
Why So Low in the United States?
11
The Impact of Competitive Federalism on Labor Costs
21
Plan of the Book
23
The State Role in Labor Costs
27
Stated and Labor Costs before the New Deal
What Matters
79
The Social and Political Consequences of Declining Labor Costs
81
Testing for the Consequences of Trends in State Labor Costs
84
Economic Consequences of Declining Labor Costs
86
Social Consequences of Declining Labor Costs
88
Labor Costs and Population Trends
90
Trends in Voter Turnout and State Labor Costs
92
Policy Consequences and Declining State Labor Costs
93

New Deal Efforts to Nationalize Labor Markets
1
TaftHartley and State RighttoWork Laws
4
Contemporary State Efforts to Restrain Labor Costs
6
Measuring State and Federal Costs
20
What Matters
25
Explaining State Differences in Labor Cost Trends
27
States in the International Economy
31
Economic and Demographic Trends and State Labor Costs
35
State Labor Costs Labor Unions and Partisan Trends
39
Public Preferences and Ideology
45
Voter Turnout and Trends in State Labor Costs
48
Comparing Economic International and Political Factors
50
Conclusion
55
The Economic Effects of Cutting Labor Costs
59
Previous Research on State Labor Costs and Economic Development
60
StateLocal Taxes and State Economics
65
State Economics and Federal Policies
67
Hypotheses Data and Measures
71
The Economic Effects of State Labor Costs
72
Exports FDI and State Economic Trends
76
Conclusion
77
Testing for the Independent Effects of Declining Labor Costs
95
Conclusion
100
What Matters
101
Conclusion Lessons Learned and Policy Options for the States
103
The Economists Preferred Alternative Investment in Human Capital
105
A New Role for Organized Labor?
111
Changing Health Care
113
Increasing Workers Wages
115
Creating Better Jobs
119
European Alternatives to the LowWage Strategy
121
The Triumph of the LowWage Strategy?
124
Policy Recommendations for the States
131
Explaining State Differences in Labor Costs
133
TimeSeries Analysis of State Economic Outcomes 19702000
139
Analysis of Social Consequences of Declining Labor Costs
147
Data and Sources
151
Notes
153
References
165
Index
187
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O autorovi (2006)

Susan B. Hansen is a professor of political science and women's studies at the University of Pittsburgh and author of The Politics of Taxation: Revenue without Representation.

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