Henry George and Comparable Worth: Hypothetical Markets as a Stimulus for Reforming the Labor Market
M. Neil Browne and
Brian Powers
American Journal of Economics and Sociology, 1988, vol. 47, issue 4, 461-461
Abstract:
Abstract. Despite significant improvements in the status of women, a significant gap between the wages of males and females persists. Women's work is not paid according to its comparable worth. Henry George, the 19th century economist and social philosopher, advocated payment according to contribution to production in a freely competitive labor market. The present is an exploitative one distorted by employers’market power, offering no free choice among alternative occupations. When women can prove, as they do, that sex discrimination has played some part in their historically lower compensation rate, the market is shown to be not fair and efficient. Hence non‐market decision making is demanded through vigorous and unrelenting prosecution enforcing the equal pay statute of 1964.
Date: 1988
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https://doi.org/10.1111/j.1536-7150.1988.tb02076.x
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Persistent link: https://EconPapers.repec.org/RePEc:bla:ajecsc:v:47:y:1988:i:4:p:461-461
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