De-industrialization and the Rise of the Service Economy

Michael Perelman

Chapter 7 in The Pathology of the U.S. Economy, 1996, pp 172-191 from Palgrave Macmillan

Abstract: Abstract Should we be concerned about the elimination of manufacturing jobs and the rise of service employment in the United States? In the past, economists as far apart as Karl Marx and Adam Smith regarded services as decidedly unproductive. Recently, the attitude toward services has shifted. Despite the prevalence of low-wage service employment, some modern economists welcome the replacement of manufacturing employment as a positive development.

Keywords: Service Sector; Capital Stock; Service Industry; Competitive Pressure; Service Economy (search for similar items in EconPapers)
Date: 1996
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
Chapter: Deindustrialization and the Rise of the Service Economy (2002)
Chapter: De-industrialization and the Rise of the Service Economy (1993)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-24329-7_7

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349243297

DOI: 10.1007/978-1-349-24329-7_7

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().