Automatic Poverty

By:

Bill Jordan

Format:

Paperback / softback

Series:

Routledge Library Editions: Welfare and the State

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Description

Originally published in 1981, Automatic Poverty provides a much-needed alternative to the Radical Right’s analysis. The book argues that Britain’s economic decline is symptomatic of an advanced stage of industrialisation in which productive processes are increasingly mechanised, but output remains static. Under these circumstances workers become redundant, the income of the working class diminishes, and dependence on the state increases. The ‘Ricardo phenomenon’ has become long-term feature of the British economy, and the author shows that neither Keynesian nor monetarist policies can remedy its consequences. It reflects a critical stage in the development of capitalism.

Release date Australia

December 15th, 2020

Author

Bill Jordan

Audiences

Postgraduate, Research & Scholarly
Professional & Vocational
Undergraduate

Pages

212

Series

Routledge Library Editions: Welfare and the State

ISBN-13

9781138600706

Product ID

33870206

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