This paper critiques Harry Braverman's book, "Labor and Monopoly Capital", based on the tradition of the Marxist schools.
Written in 2004; 1,120 words; 2 sources; MLA; $ 38.95
Paper Summary:
This paper explains that Braverman focuses on the labor process under Fordism, arguing that work, under the discipline of scientific management, becomes disjointed, dull, and repetitive. The author points out Braverman's prophecy on technological change is that every new technology destroys jobs and degrades the work, as was seen in the high-tech wave of the 1990s. The paper concludes that Braverman made a wrong calculation because, in a larger perspective, technological innovations, when driven towards cost-saving and enhancing efficiency, bring new jobs and competitiveness to the industry and economy.
From the Paper:
"According to him, manufacturing firms were engaged primarily in production. By the end of the century their primary activity had become the pursuit of monopoly power. The objective of monopoly power is to increase the margin of price over production cost for the firm's products and to increase the sale of the products at these prices. These activities include research and development, discovering new products, and reducing production costs, selling and advertising to increase sales and the markup of price over production costs. They also include labor relations to persuade or threaten workers to produce more or accept lower wages. They also embrace political contributions, lobbying and corruption of government officials in order to obtain natural resources on favorable terms and other favors of government. In addition, they include the employment of lawyers, accountants, and financiers to avoid and evade taxes and to influence tax legislation."
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