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1
The Living
Wage: Lessons from the History of Economic Thought
They could be made to work longer than was necessary to produce the
equivalent of their means of subsistence (Marx, 1977: 769). The subsistence
wage also included the number of hours of 'unpaid labour' that had to be worked
to earn in it.
2
Analytical Foundations of Marxian Economic Theory
7.2 Marx and the subsistence wage This section is a historical excursus. Its
purpose is to argue that, in at least one of his important writings, Marx argued
quite explicitly that under capitalism workers would be paid a subsistence wage.
3
The Institutionalist Tradition in Labor Economics
A wage insufficient to purchase transportation to a job in these locations could
not be considered a subsistence wage. Marx's concept of subsistence as the
minimum necessary to support a worker is also instructive in light of recent
welfare ...
Dell P. Champlin, Janet T. Knoedler, 2004
4
Subsistence and Economic Development
Some of the adjectives are: subsistence wages, nominal wages, institutionally
determined wages, subsistence wage income, implicit wage income, subsistence
income, leisure income, non-wage income, income in kind, village income, ...
5
Work and Welfare: The Social Costs of Labor in the History ...
The subsistence wage is another concept that has no bearing on orthodox
economists. To them, a worker earns wages according to the supply of and
demand for his or her capabilities, as measured by what he or she adds to the
value of what ...
6
Economic Theory in Retrospect
During the adjustment process, workers get accustomed to higher living
standards; the subsistence wage rate shifts up and population growth slows
down until technical change gives it a new jolt. If subsistence is a function of '
habit and ...
7
International Labor Standards: History, Theory, and Policy ...
At point A, the worker earns above subsistence income with a wage of wc, but at
point B he is held to a lower, subsistence wage, ws. If firms can make wage offers
as in the compensating differential story outlined earlier, then the subsistence ...
Kaushik Basu, Henrik Horn, Lisa Roman, 2008
8
The Welfare Economics of Markets, Voting and Predation
Features of a despotic society are incorporated into a sequence of five models,
each with a different constraint upon predation by the ruling class: the
subsistence wage, the efficiency wage, control of banditry, fear of rebellion, and
fear of a ...
9
The Theory of Wages in Classical Economics: A Study of Adam ...
The natural (i.e. equilibrium) wage coincides with the subsistence wage. In light
of this Skinner then interprets Smith's three 'cases', the stationary, declining or
growing economy. The stationary state, he argues, is the equilibrium position at ...
10
Frontiers of Economics: Nobel Laureates of the Twentieth Century
The result is absorption of all the workers through a work-sharing arrangement
and the provision of subsistence to them and their families through the payment
of a subsistence wage, which is obviously higher than their marginal productivity.
WIADOMOŚCI, KTÓRE ZAWIERAJĄ SŁOWO «SUBSISTENCE WAGE»
Sprawdź, o czym dyskutuje się w prasie krajowej i zagranicznej oraz jak jest stosowane słowo
subsistence wage w wiadomościach.
Global Wage Trends for Apparel Workers, 2001–2011
Yet these images reflect a common basic reality: Garment workers in many of the leading apparel-exporting countries earn little more than subsistence wages for ... «Center For American Progress, Lip 13»
