Low Wage Labor By Trish Kahle Summary
Source 3:
“The Political Economy of Low-wage Labor,’’ by Trish Kahle. Trish Kahle is a union activist and historian working under the Department of History at the University of Chicago.
This work was published in Chicago, Illinois. The purpose of the work is to bring a Socialist perspective on minimum wage. This is a very different perspective, as America is usually not referred to as a Socialist state. Its intended audience includes those who hold Socialist ideas, and those in the general public that are interested in Socialist ideas.
This is an expositional work, as it does not state real opinions. This article displays facts and studies by other sources, and offers analysis of them as well.
A. Subpoints:
i. What is low-wage labor? ii. Oppression and low-wage labor, how businesses are pressing to keep low-wages for their workers. …show more content…
How capitalism is positively and negatively affected by low-wage labor.
v. The current state of low-wage labor, and why it’s still such a big issue.
B. Facts/Studies/Data
i. Karl Marx wrote in his book, Wage Labor and Capital, “the more productive capital grows, the more it extends the division of labor and the application of machinery; the more the division of labor and the application of machinery extend, the more does competition extend among the workers, the more do their wages shrink together.” A prediction from more than a century ago, and his predictions have proven somewhat and alarmingly true. ii. As of 2013, the Waltons control “a fortune equal to the wealth of the bottom 42 percent of Americans combined.”32 Dana Frank points out that Walmart “creates poverty all around the globe, and then it turns around and sells those products to other poor people whose poverty it has helped create, and rakes in the money.” iii. The average Walmart “associate” makes $8.81 per hour, which means even if a worker manages to get full-time hours, their annual income is $15,576—well below the $22,050 federal poverty line for a family of
“The Political Economy of Low-wage Labor,’’ by Trish Kahle. Trish Kahle is a union activist and historian working under the Department of History at the University of Chicago.
This work was published in Chicago, Illinois. The purpose of the work is to bring a Socialist perspective on minimum wage. This is a very different perspective, as America is usually not referred to as a Socialist state. Its intended audience includes those who hold Socialist ideas, and those in the general public that are interested in Socialist ideas.
This is an expositional work, as it does not state real opinions. This article displays facts and studies by other sources, and offers analysis of them as well.
A. Subpoints:
i. What is low-wage labor? ii. Oppression and low-wage labor, how businesses are pressing to keep low-wages for their workers. …show more content…
How capitalism is positively and negatively affected by low-wage labor.
v. The current state of low-wage labor, and why it’s still such a big issue.
B. Facts/Studies/Data
i. Karl Marx wrote in his book, Wage Labor and Capital, “the more productive capital grows, the more it extends the division of labor and the application of machinery; the more the division of labor and the application of machinery extend, the more does competition extend among the workers, the more do their wages shrink together.” A prediction from more than a century ago, and his predictions have proven somewhat and alarmingly true. ii. As of 2013, the Waltons control “a fortune equal to the wealth of the bottom 42 percent of Americans combined.”32 Dana Frank points out that Walmart “creates poverty all around the globe, and then it turns around and sells those products to other poor people whose poverty it has helped create, and rakes in the money.” iii. The average Walmart “associate” makes $8.81 per hour, which means even if a worker manages to get full-time hours, their annual income is $15,576—well below the $22,050 federal poverty line for a family of