[Marxism] Global economic trends

[Richard Tan <asquonk@xxxxxxxxx>]

I am currently reading a book by Charles Andrews - "From Capitalism to 
Equality: An Inquiry into the Laws of Economic Change". He states that the 
US economy has been in decline since the 70s - people are working longer 
hours for less pay, workforce participation in up without a comparable 
increase in leisure time, GDP growth has been stagnant - with particular 
reference to Mishel, Bernstein and Schmitt's "The State of Working America, 
1998-99".

I've seen a lot of this data before. I don't disagree with it, but I 
haven't seen analyses of such trends at the global level over the same 
period before. There's an argument floating around in my head that the 
decline in the US is due to a long term equalization between the US and 
developing countries; it sounds like a standard globalization argument to 
me and I would prefer to refute it, but I really ought to learn about it 
before starting on that sort of line.

Would anybody like to recommend some books covering this topic? The first 
place I thought to look was the UN, but so far I haven't found anything 
directly relevant. I tried some searches at the local library, but a lot of 
suspicious airport economics books on "surviving" the global economy are 
coming up.

Thanks,
Richard


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