Class, Productive and Unproductive Labour - Journal of Alternative ...

Dr. Timothy Kerswellpolitical alliances due to the objective misalignment of theirgoals. Instead, there is an apparent division in the ‘global’working class between the global North and the globalSouth.A case must also be answered as to why, within classanalysis, people with vastly different incomes and lifechances are treated as if they were the same. When moneyis capital, invested to employ people and make profit, it isthought of differently than if the same amount of moneyresults from an income far above the subsistence wage. Themere assertion of a pan-working class identity masks thematerial base of divisions within the working class. Classcan be a viable framework to understand global inequality,however, the portrayal of the working class as a homogenousbloc is unrealistic in the context of substantial inequalitybetween workers and global economic arrangements whichproduce these differences.ReferencesBach, G. (1966). Economics: An Introduction to Analysis and Policy.New York: Prentice-Hall.Benetti, C. (1976). Valeur et repartition. Grenoble.Benetti, C., Berthomieu, C. And Cartelier, J. (1975). Economie classiqueeconomie vulgaire. Grenoble.Buhle, Paul. (2001). The Myth of the Middle-Class Society. MonthlyReview. Vol 52, No 10.Eisner, R. (1988). Extended Accounts for National Income and Product.Journal of Economic Literature. Vol 26.Freeman, R. (2006). The Great Doubling. Available from:http://emlab.berkeley.edu/users/webfac/eichengreen/e183_sp07/great_doub.pdf [Online] Last accessed: 31 October 2010.Gerdes, C. (1977). The Fundamental Contradiction in the NeoclassicalTheory of Income Distribution. Review of Radical Political Economics.Vol 9, No 2.47