Creating and Transforming Households: The Constraints of the World-Economy (Studies in Modern Capitalism)

by Joan Smith and Immanuel Wallerstein

Cynthia Woodsong, Maria del Carmen Baerga, Mark Beittel, Kathie Friedman-Kasaba, Randall H. McGuire, William G Martin, Kathleen Stanley, and Lanny Thompson

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This book, first published in 1992, seeks an explanation of the pattern of sharp discrepancy of wage levels across the world-economy for work of comparable productivity. It explores how far such differences can be explained by the different structures of households as 'income-pooling units', examining three key variables: location in the core or periphery of the world-economy; periods of expansion versus periods of contraction in the world-economy; and secular transformation over time. The authors argue that both the boundaries of households and their sources of income are molded by the changing patterns of the world-economy, but are also modes of defense against its pressures. Drawing empirical data from eight local regions in three different zones - the United States, Mexico and southern Africa - this book presents a systematic and original approach to the intimate link between the micro-structures of households and the structures of the capitalist world-economy at a global level.
  • ISBN13 9780511880407
  • Publish Date 9 February 2011 (first published 27 August 1992)
  • Publish Status Active
  • Publish Country GB
  • Publisher Cambridge University Press
  • Imprint Cambridge University Press (Virtual Publishing)
  • Format eBook
  • Language English