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This paper argues that an important mechanism linking increasing rents and the rising earnings’ inequality among workers with similar skills is the increase in domestic outsourcing and the growth of… Click to show full abstract
This paper argues that an important mechanism linking increasing rents and the rising earnings’ inequality among workers with similar skills is the increase in domestic outsourcing and the growth of networked forms of production. This has multiplied contractual relationships and legal claims to profit and rents that reflect interfirm power relations. Firms with the greatest clout are able to claim the largest share of the rents; the weakest struggle to remain viable.
Keywords:
seeking increasing;
outsourcing rent;
increasing inequality;
inequality;
rent seeking;
domestic outsourcing
Journal Title: Review of Radical Political Economics
Year Published: 2017
Link to full text (if available)
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Journal Title: Review of Radical Political Economics
Year Published: 2017
Link to full text (if available)
Share on Social Media: Sign Up to like & get
recommendations!