05886oam 2200673 a 450 991096836630332120040601200754.097984006980269780313011788031301178810.5040/9798400698026(CKB)111087028192268(OCoLC)70720880(CaPaEBR)ebrary10023341(SSID)ssj0000223564(PQKBManifestationID)11190480(PQKBTitleCode)TC0000223564(PQKBWorkID)10201437(PQKB)11790407(Au-PeEL)EBL3000866(CaPaEBR)ebr10023341(OCoLC)929145160(OCoLC)1438939688(DLC)BP9798400698026BC(MiAaPQ)EBC3000866(Perlego)4202562(EXLCZ)9911108702819226820011130e20022024 uy 0engurcn|||||||||txtccrThe political economy of work in the 21st century implications for an aging American workforce /Martin Sicker1st ed.Westport, Conn. :Praeger,2002.London :Bloomsbury Publishing,20241 online resource (223 p.) Bibliographic Level Mode of Issuance: Monograph9781567205664 1567205666 Includes bibliographical references (p. [195]-203) and index.Cover -- THE POLITICAL ECONOMY OF WORK IN THE 21ST CENTURY -- CONTENTS -- INTRODUCTION -- NOTES -- 1 THE REAL WORLD OF WORK AND RETIREMENT -- NOTES -- 2 THE CHANGING EMPLOYMENT ENVIRONMENT -- THE CONSEQUENCES OF A NEW ECONOMY -- NOTES -- 3 THE RESTRUCTURING OF AMERICAN BUSINESS -- THE NEW SHAPE OF BUSINESS -- Employment and the Small Business -- NOTES -- 4 GLOBALIZATION OF THE ECONOMY -- GLOBALIZATION AND ORGANIZED LABOR -- GLOBALIZATION, POPULATION, AND EMPLOYMENT -- NOTES -- 5 DOWNSIZING AND ITS CONSEQUENCES -- DOWNSIZING IN THE PRIVATE-SECTOR -- THE IMPACT OF DOWNSIZING -- IMPLICATIONS FOR THE FUTURE -- NOTES -- 6 THE DECLINE OF CORPORATE PATERNALISM -- FROM CORPORATE PATERNALISM TO PARTNERSHIP -- IMPLICATIONS FOR OLDER WORKERS -- NOTES -- 7 RESTRUCTURING THE WORKFORCE -- GROWTH OF THE NONSTANDARD WORKFORCE -- FACTORS CONTRIBUTING TO THE PROCESS -- SELF-EMPLOYMENT -- IMPLICATIONS -- NOTES -- 8 DOWNWAGING THE WORKFORCE -- THE ECONOMIC STATE OF WORKING AMERICA -- THE EARNINGS LADDER -- HAVE REAL WAGES DECLINED FOR MOST AMERICANS? -- THE LABOR MARKET -- IMPLICATIONS -- NOTES -- 9 THE QUESTION OF THE MINIMUM WAGE -- THE ORIGINS OF THE MINIMUM WAGE -- THE RELATIVE VALUE OF THE MINIMUM WAGE -- WHO BENEFITS FROM THE MINIMUM WAGE? -- DOES ANYONE LOSE FROM MINIMUM WAGE INCREASES? -- WILL A MINIMUM WAGE INCREASE HAVE A NEGATIVE EFFECT ON EMPLOYMENT?25 -- THE MINIMUM WAGE AS A PUBLIC POLICY ISSUE -- CONCLUSION -- NOTES -- 10 CORPORATE RESPONSIBILITY REVISITED -- THE SHIFT TOWARD A NEW RESPONSIBILITY -- NOTES -- 11 NATIONAL EMPLOYMENT POLICIES -- NOTES -- 12 NATIONAL ECONOMIC POLICIES -- FISCAL POLICY -- MONETARY POLICY -- TRADE POLICY -- NOTES -- CONCLUSION -- NOTES -- SELECTED BIBLIOGRAPHY -- BOOKS -- ARTICLES AND REPORTS -- INDEX -- About the Author.When Congress enacted Social Secuirty in 1935, with the age of retirement set at age 65, average life expectancy was 62 years. By the time Medicare was enacted 30 years later, life expectancy had risen to age 70. Since the enactment of Medicare, life expectancy has risen to age 76 today and may be expected to increase further in the decades to come. Clearly, the increase in post-retirement life expectancy has significant implications for the level of national expenditures attributable to an aging population. One of the approaches suggested as a solution to the so-called income transfer problem is to redefine old age, that is, to push retirement and its associated benefits off to a later age. This would effectively increase the size of the workforce, with older workers continuing to contribute their payroll taxes for an extended period of time. The critical question Sicker poses is, will there be enough appropriate employment opportunities for a growing number of older workers in the workforce of the future? The evidence for a positive response is far from clear or compelling. Sicker examines the prospective place of the aging worker in the employment environment of the 21st century in light of the restructuring of American business and the world of work in the final decades of the last century. In doing so, he raises serious concerns about the validity and utility of some of the neoclassical economic ideas and assumptions that have become part of the conventional wisdom of our time. Sicker contends that these dubious propositions have unwittingly contributed signficantly to the problem through their manifestation in public policy. However, the principal focus of his analysis is not on economic theory as such, but on the realities and uncertainties that an aging American workforce will face in the decades to come. This book is significant reading for scholars, researchers, and the general public interested in labor force and aging policy issues. Older peopleGovernment policyUnited StatesAgingEconomic aspectsUnited StatesAge distribution (Demography)Economic aspectsUnited StatesOlder peopleGovernment policyAgingEconomic aspectsAge distribution (Demography)Economic aspects362.6/0973Sicker Martin296234DLCDLCDLCBOOK9910968366303321The political economy of work in the 21st century4341348UNINA