Vis-a-vis Bill James comment on incomes policies:
Incomes policies have been a part of the social structures of accumulation
policy options. ... And the Australian Labor Party (ALP) used them
quite successfully from 1983 through to 1996 (when they lost
government). They seemed a good way to apparently include unions
in policy making, while giving them the (perhaps erronious) idea
that they were gaining something. On the surface the union movement
exchanged an increase in the "social wage" for reductions in real
wages. Some studies have been done into their effectiveness in
reducing real wages, and they worked quite well, and also promoted
industrial relations stability. Phil O'Hara
- position for het labor econ, Lee, Frederic Tue 15 Oct 2002, 21:07 GMT
- Radical Policy Change vs. Professional Estimate of Future Effect, John Gelles Tue 15 Oct 2002, 21:04 GMT
- Incomes policies, Bill James Tue 15 Oct 2002, 14:41 GMT
- Re: Incomes policies, Henry C.K. Liu Tue 15 Oct 2002, 21:04 GMT
- Incomes policies, Phil O'Hara Tue 15 Oct 2002, 21:04 GMT
- <Possible follow-up(s)>
- Re: Incomes policies, Colander, David Tue 15 Oct 2002, 21:07 GMT
- Trading models change. The Economy persists., John Gelles Tue 15 Oct 2002, 14:41 GMT
- "Wealth and Democracy" , K.P.'s book, John Gelles Mon 14 Oct 2002, 03:31 GMT
- Reminder: Class in NYC on Marx, Drewk Sun 13 Oct 2002, 04:14 GMT