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The Habakkuk thesis, proposed and named after British economist Sir John Habakkuk, is a theory that land abundance and labor scarcity in antebellum America led to high wages, which resulted in effective searches for labor-saving technological innovations.
Some theories focus on human capital, or entrepreneurship, (which refers to the skills that workers possess and not necessarily the actual work that they produce). Labour is unique to study because it is a special type of good that cannot be separated from the owner (i.e. the work cannot be separated from the person who does it).
The examples and perspective in this article deal primarily with the United States and do not represent a worldwide view of the subject. You may improve this article, discuss the issue on the talk page, or create a new article, as appropriate. (June 2019) (Learn how and when to remove this message)
The division between productive and unproductive labor is stressed by some Marxist feminists including Margaret Benston and Peggy Morton. [7] These theories specify that while productive labor results in goods or services that have monetary value in the capitalist system and are thus compensated by the producers in the form of a paid wage, reproductive labor is associated with the private ...
Before his visit to France in his Theory of Moral Sentiments Adam Smith sees the gluttony of the landlords as an "invisible hand" which helps the poor to partake in the landlord's wealth. In The Wealth of Nations, it is seen as the consumption of unproductive labor, limiting the growth of wealth. Smith's view that human labour – but not ...
The 1920s marked a period of sharp decline for the labor movement. Union membership and activities fell sharply due to many factors including generalized economic prosperity, a lack of leadership within the movement, and anti-union sentiments from employers, governments and the general population. Labor unions were much less able to organize ...
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Illustration of Industry 4.0, showing the four "industrial revolutions" with a brief English description. Industrial sociology, until recently a crucial research area within the field of sociology of work, examines "the direction and implications of trends in technological change, globalization, labour markets, work organization, managerial practices and employment relations" to "the extent to ...