The Shibboleth of Productivity: The Exhaustion of Industrial-Age Strategies in Post-Industrial Society
James E. Block
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James E. Block: Political Science, DePaul University, Chicago, IL 60614.
Review of Radical Political Economics, 1985, vol. 17, issue 1-2, 157-185
Abstract:
The universal demand currently to resolve America's economic decline by increasing productivity fatally misconstrues the actual challenge posed by post-industrial society. Automation, rationalization, and technological advances suggest a crisis not of productivity, but of distribution, a false, unnecessary perpetuation of widespread deprivation required only by the scarcity model underpinning market economics. While enforced by vested interests for personal gain, this pseudo-crisis is ironically acceeded to by the Left, which-together with most others-betrays a deep foreboding about the prospect of a post-work society. The path to a post-market economy and society can only be found by forging a popular post-work culture and economic structure rooted in effective post-scarcity incentives. This paper offers a framework for both.
Date: 1985
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Persistent link: https://EconPapers.repec.org/RePEc:sae:reorpe:v:17:y:1985:i:1-2:p:157-185
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