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Globalization and the politics of pay : policy choices in the American states
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ISBN: 1589010884 1589013298 1435627172 9781435627178 9781589013292 9781589010888 Year: 2006 Publisher: Washington, D.C. : Georgetown University Press,

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Abstract

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.

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