English, Article, Journal or magazine article edition: Exploração do Trabalho no Capitalismo Contemporâneo e Desigualdade Rogério Nagamine Costanzi

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/2530
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Exploração do Trabalho no Capitalismo Contemporâneo e Desigualdade
Author
  • Rogério Nagamine Costanzi
Physical Description
  • preprint
Notes
  • Capitalism has suffered deeper transformation since the Marx`s classic work on theexploitation of labour by capital, which proposed the clear duality among capitalists,on one side, and the homogeneous mass of workers, on the other side. Currently, onecan observe a very heterogeneous group of workers, not only for their productivecharacteristics but also for the way they are part of the capitalist way of production.The mass of workers is no long homogeneous because they turned out to competeamong themselves in order to gain professional and financial ascension.In this new circumstances, labour markets have become real lotteries or casinoswhere workers make bet on investments on human capital with a view to becomewinners. The investments on human capital are like tickets of this lottery or tokens ofthis casino. However, just like in a lottery or casino, there will be necessarily winnersand losers due to reasons which transcend the economic logic. In these conditions,workers with poor qualification or low human capital are, a priori, losers, since they areexcluded from the lottery.As a result of this new structure of the capitalist labour market in which winnersappropriate the labour of losers, a new form of labour exploitation arises with humancapital as instrument and this is similar to the way the traditional form of labourexploitation instrumentalises physical capital. This new form of exploitation, inassociation with the traditional exploitation of capital as described by Marx, reinforcesthe intrinsic tendency of the capitalist economic system and of the labour market ingenerating inequalities.From the point of view of public policy, this situation imposes limitations to thedemocratisation of the investment on human capital as a form of fighting againstinequalities, since the labour market is structured by reasons which transcend theeconomic questions, so that there are winners and losers. The fight against inequality isnot a mere problem of democratisation of education, being to some extent a resultwhich is intrinsec to the capitalist economy. Despite the fact that democratisation ofhuman capital is necessary to reduce inequality, it is surely insufficient. This structureof capitalist labour market reinforces the macroeconomic trade-off between efficiencyand equality, which is the result of the pursuit of professional and finacial success byindividual agents. The microeconomic incentive for efficiency is inequality.From this point of view, the fight against inequality demands a new structure oflabour markets. The change of relationship between macroeconomic growth andmicroeconomic equality demands transformations on individual behavior that motivatessuch growth.
  • RePEc:ipe:ipetds:1100
Language
  • English
Contributed by
OAIster

Get this edition

Other links

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment