Z2R Investing Books

Google

Investing Books

Investing
Wall Street
Options
Stocks
Bonds
Real Estate
Day Trading
Investment Clubs
Robert G. Allen
David Bach
The Beardstown Ladies
Warren Buffett
Wade Cook
Jim Cramer
Jack Cummings
Benjamin Graham
Napoleon Hill
Peter Lynch
Motley Fool
Suze Orman
Rich Dad
John Rothchild
Louis Rukeyser
Andrew Tobias
Donald Trump
Investing Audio

Business Books

Accounting
Auditing
Bookkeeping
Financial Accounting
Governmental Accounting
International Accounting
Management Accounting
Taxes Accounting
Audiobooks
Biographies and Primers
Business Life
Careers
General Economics
Commercial Policy Economics
Comparative Economics
Consolidation and Merger Economics
Economic Debt and Deficits
Economic Development and Growth
Econometrics
Economic Conditions
Economic History
Economic Policy and Development
Exports and Imports Economics
Free Enterprise Economics
Inflation Economics
International Economics
Labor and Industrial Relations
Macroeconomics
Microeconomics
Money and Monetary Policy
Economic Natural Resources
Public Finance Economics
Economic Statistics
Sustainable Development Economics
Economics Theory
Unemployment Economics
Urban and Regional Economics
Finance
Industries and Professions
International
Investing
Management and Leadership
Marketing and Sales
Personal Finance
Reference
Small Business and Entrepreneurship

Videos

General Business
Accounting
Careers
Economics
Finance
Instructional
Investing
Management
Taxes

Zero2Rich.Com


Search Now:

LABOR AND INDUSTRIAL RELATIONS BOOKS

Posted in Labor and Industrial Relations (Thursday, August 28, 2008)

Written by John Maynard Keynes. By Prometheus Books. The regular list price is $15.00. Sells new for $8.76. There are some available for $7.48.
Read more...

Purchase Information
5 comments about The General Theory of Employment, Interest, and Money (Great Minds Series).
  1. You must all please remember that Keynes was first-and-foremost a socialist. His overall goal in creating his theories was to "prove" that socialist economic theories could function in the world of the early 20th century. Read Keynes thru this screen, and you'll understand what he's attempting (unsuccessfully) to do.

    I gave this book a 5 star rating for the following reason: if you can overcome it's dryness and reliance on theories of little substance, you will see that socialism at large is truely bunk. (having been educated formally in Keynsian theory, disproving it, and all it's socialist correlaries, is a passion of mine) Please remember as you read this; if socialism and Keynesian economics was a viable theory for governments to function, the governments of the entire old eastern communist block would still be alive and functioning in their pre-1992 forms, and quasi-socialist countries the world over would be growing ever larger than the US economy once they've moved out of their manufacturing based economies and joined us in competing with other service based economies. (They have not been able to effectively compete beyond certain stages of growth)

    Keynes' theory doesn't work. His own writings are more theory and fantasy than reality.


  2. A classic, definitely not an easy read. Keynes brings his economic phillosphies into the light. Not the kindest author but his chapter The Marginal Efficiency of Capital is epic and relivent today. Published in 1936, this book stands the test of time and allows you to develop a mental model of numerous business cycles. Who's reading Keynes? Warren Buffet, he quotes Keynes like everyone else quotes Shakespeare.


  3. One sometimes hears that money is the root of all evil. Keynes would agree, but not because of any animosity towards the profit motive (Keynes was definitely not a socialist and he even agreed with and endorsed Hayek's "The Road to Serfdom"), but because in an economy using money imbalances between the value in any currency of demand and the value of supply are possible.

    Virtually all economists accept the price mechanism which speedily reconciles any imbalance between supply and demand. The macroeconomy is the sum of all markets and should therefore be more or less in equilibrium. The great French economist Jean-Baptiste Say formulated this in one of the rare laws in economics : every aggregate supply creates a corresponding aggregate demand. The law definitely holds in a barter economy, because even if products or services are not consumed they are lent out to others who will use them. Hoarding purchasing power by keeping money to put under the matress is impossible... without money.

    Money makes it possible to have leakages of purchasing power because money received by selling goods or services is not spent. If money earned is not consumed it is by definition saved. Usually this would mean that these sums are made available to individuals or companies in need of capital so that savings are equal to investment. Any imbalance would be readjusted by a change in the interest rate.

    Keynes pointed out that saving is not necessarily synonimous with investment viz. that savings can be hoarded as money and that there are good reasons for doing so.


  4. John Maynard Keynes is the collectivist's savior. Finally, the welfare statist thinks, someone who actually makes my ideas sound good to economists. Unfortunately, Keynes's theory is nothing new. It should be incredibly obvious to any non-professional that if a large entity (government) decides to spend a lot of money over a short period of time, then in the short term there will be very pleasurable effects. In the long term, however, a large sum of money spent by the government will have very harmful effects, distorting the price system and creating inflation, whereas a large sum of money spent by a private entity will have a sustained benefit on the economy.


  5. Keynes presented a generalization of neoclassical theory.Keynes starts the GT in chapter 2 where he analyzes the neoclassical theory of the labor market.He notes that the most advanced technical treatmant was presented by Pigou in his 1933 book,The Theory of Unemployment.Keynes demonstrates in the appendix to chapter 19 that Pigou's model of his theory is a special case of Keynes's general model developed in chapters 20 and 21.The primary result of neoclassical theory is that an optimum result (full employment)is obtained in the aggregate labor market if the aggregated real wage(w/p) equals the marginal product of labor(mpl) derived from an aggregated production function(O= phi(N)).This is expressed as w/p=mpl,where w is the money wage,p is the price level,and mpl is the aggregated marginal product of labor.In chapters 20 and 21 Keynes presented his mathematical analysis.This leads to his generalization of the quantity theory's equation of exchange,MV=PO,to incorporate uncertainty and the speculative demand for money besides risk and the transactions demand for money.There are two such generalizations.Chapter 20 analyzes the labor market and the commodity market.Mathematically,there are two ways of expressing Keynes's first generalization in chapter 20-w/p=mpl/ep or the more convenient w/p=mpl/(mpc+mpi).Unless the elasticity ep=1(ep can range from 0 to 1) or the mpc + mpi=<1,the RHS of both equations will rise .This requires that the money wage also rise.Neoclassical theory requires that the money wage fall.The condition that the elasticity ep equal 1 means the economy is operating on the boundary of the aggregate production possibilities function curve because the labor market clearing condition,w/p=mpl, is an economically efficient outcome.It is thus allocatively efficient and productively efficient.





    In chapter 21,Keynes presents his generalization of the neoclassical equation of exchange with the money market added to the labor and commodity markets.The mathematical generalization now becomes w/p=mpl/e,where e is the elasticity that"... measures the response of money prices to the quantity of money in an aggregated economy"(GT,p.305-306).Unless e=1,where e can range between 0 and 1 ,as implicitly assumed by neoclassical economists,the RHS of the above equation will rise and it will be impossible for labor,in the aggregate, to cut its money wage as claimed by neoclassical theory in order to reduce unemployment.Again,the money wage will have to rise.



    The final point that needs to be cleared up is that Keynes's aggregate supply function is correctly specified and analyzed mathematically in chapter 20 on p.283 and in a footnote on pp.55-56 of the GT.The reader must be able to apply simple integration to Keynes's derivatives.I give the steps below:



    Go to footnote 1 on p.283 of the GT.Keynes defined P to be expected economic profit.The second line from the bottom of this footnote reads as " = delta P ", which is the same as" = dP".That should actually be " = delta P w subscript" due to either (a) a typographical error made by the printer in the GT or (b) because Keynes felt that it was obvious,since he divided D=Z through by w,to get Dw subscript = Zw subscript,which means that you must divide P by w.P is AUTOMATICALLY DEFINED IN TERMS OF WAGE UNITS.Pw subscript is equal to Dw subscript-N.Thus dP(or dPw subscript)=d(Dw subscript - N) =dDw subscript -dN.Simple integration gives the following result- Pw subscript=Dw subscript-N .Divide through by w and you obtain P=D-wN.Add wN to both sides.You get P+wN=D=pO or Z =D.Z=P+wN.w is the money wage.N is aggregate employment.p is the expected price level.O is real output,which is a function of N.D,the expected aggregate demand function,is thus equal to expected total revenue.Z,the expected aggregate supply function,is equal to total variable cost plus expected economic profit.

    The same analysis and result is contained in footnote 2 on pp.55-56 of the GT.Keynes defines the derivative dZw subscript/dN=dphi(N)/dN =phi'(N)=1,where you use "d" instead of " delta " notation used by Keynes.Integrate to obtain Z=wN + C,where C is a constant of integration,after you divide through by w.We know that D=Z by definition and that D=pO from chapter 20.We get wN +C=pO or C=pO-wN once we subtract wN from both sides.By definition,C must be equal to actual profit if p is an actual price and expected profit if p is an expected price.Of course,if P=0,then you get Z=wN = total variable cost.(This is the case of constant returns to labor.Note that Keynes covered this case explicitly at the top of p.284, as well as on p.306 of the GT ,in chapter 21.)This,of course is the mistake that Don Patinkin made continuously from 1976-1989 in 3 books and 5 articles-failing to consider that Z is linear in both the diminishing returns and constant returns to labor cases.Of course,in the case of constant returns to labor,you would get a linear 45 degree cross representing the aggregate supply curve.The same mistake is made by all Post Keynesian economists like Sydney Weintraub, Paul Davidson,Douglas Vickers,Jan Kregel, Victoria Chick,Nevile,Skott and Dutt,etc.They fail to consider that Keynes worked with both cases, diminishing returns to labor as well as constant returns to labor,in his microeconomic analysis contained in chapters 20 and 21 of the GT.It is not surprising that the Post Keynesians can not deal with the technical analysis contained in chapters 20 and 21 of the GT and expressed by Keynes in the form of elasticities.Instead,they build their analysis on the claims of a mathematically illiterate economist named Dennis Robertson.It was Robertson who claimed that Keynes's theory of effective demand(D-Z analysis)was contained in chapter 3 of the GT.All Post Keynesians base their work on the assumption that Robertson was correct.Post Keynesians also confuse the D=Z locus,the aggregate supply curve,with Z,the aggregate supply function.All of these errors can be traced back to the original errors made by Dennis Robertson in correspondence with Keynes in Feb.-Mar.,1935 about the first 17 chapters of the GT.Keynes told Robertson very clearly that the anaysis of his D-Z model was in a chapter called the Employment Function.Chapter 20 of the GT is titled," The Employment Function ".After seventy years it is time for economists to read this chapter upon which KEYNES SAID EVERYTHING DEPENDS.
    The reason why ed <1 ep <1,e <1, and mpc+mpi<=1 is that the decision to invest in long lived durable capital goods ,within an economic environment of technological and financial change,advance,and innovation,thus creating the problem of technological obsolescence,is made under conditions of Keynesian uncertainty or Ellsbergian ambiguity.Neoclassical theory postulates that there is no uncertainty or ambiguity,only risk ,which is universally represented as the standard deviation of a normal probability distribution.This means that aggregate investment expenditure will not be erratic,unstable,and insufficient over time.Involuntary unemployment can't result
    Keynes argues,as does Daniel Ellsberg implicitly,that the assumption of normality is a special case.Hence ,Keynes's generalization that covers ambiguity and/or uncertainty.This means that aggregate investment will be erratic,unstable,unpredictable,and insufficient over time.Involuntary unemployment will result.


Read more...


Posted in Labor and Industrial Relations (Thursday, August 28, 2008)

Written by David von Drehle. By Grove Press. The regular list price is $14.00. Sells new for $6.80. There are some available for $6.79.
Read more...

Purchase Information
5 comments about Triangle: The Fire That Changed America.
  1. I have learned to approach histories penned by journalists with a healthy skepticism, they being -- all too often -- sensationalist, in tone, and impoverished of ideas and research. Triangle is an exception, of the first order. Drehle has a brilliant eye for detail. Not only has he written a gripping account of the famous Triangle fire, itself, but a deeply researched and fascinating social and political history of the world -- turn of the century New York City -- in which the fire took place. Rarely has a popular history so captured my imagination and at the same time taught me so much. I very much look forward to reading future works by this author.


  2. Investgative reporting of an American inferno a century ago makes 'The Triangle Fire' come alive as an American tragedy every bit as haunting as 9-11 ... with equally powerful historical impact. Instead of conspiracy theories or spin, Von Drehle concentrates on human lives and human indifference to show how the worker's/voting rights and feminist movements all stem from this one event. Only a journalist could have produced a book of history that appeals to anyone who enjoys a good story. The author's passion for his subject comes through on every page. While this incident has been portrayed on various theatre stages, no play compares with the movie in your mind's eye which the author's skill directs.


  3. Author David Von Drehle approached this book from an interesting perspective, by analyzing the impact the fire had on the New York Political Machine at the time, Tammany Hall. I had heard about the fire from high school history class but knew very little about the machine politics that dominated 19th and early 20th century America. At the beginning of the book, the Beating of Clara Lemlich, Tammany supports the factory owners by endorsing and even taking part in such strong arm anti-union tactics as the beating of Clara Lemlich. By the end of the book, Reform, Tammany is supporting the progressive legislation that makes factories safer for it's workers. The fact that it took 90 years for New York to suffer a workplace tragedy greater than the Triangle Shirtwaist Fire is testament that the victims did not die in vain.


  4. An avid reader of historical fiction and nonfiction, I found "Triangle" an engrossing read. The author skillfully combines facts about the tragic day of the fire itself, along with personal narratives about the individuals involved and background information about early twentieth-century immigrant and factory life in New York City.

    Von Drehle manages to achieve the perfect blend, neither bogging his writing down with dry facts nor an overwhelming of emotion about the terrible loss of young life. Instead, he seems to know just how much to offer in order to provide readers with a unique insight into one of the worst workplace tragedies in U.S. history.


  5. This book that chronicles the famous 1911 factory fire does a wonderful job of not only layering the reasons for the climate that allowed the fire to happen to build a powerful foundation, but also gives a terrific view of turn of the century New York City. Various forces such as the Gibson Girl, Russian progroms, Tammany Hall, and an eruption of Mt Vesuvius all brought the right conditions into play. Shirtwaists, what we would now call a woman's blouse, were popularized by Charles Dana Gibson in his Gibson Girl, and were actually a burgeoning start to the feminist movement allowing for more freedom in dress and from corsets. The industry quickly produced sweatshops and horrific conditions for workers who were pouring in from Eastern Europe and desperate for a job. Max Blanck and Isaac Harris worked their way up from poverty, but then turned their backs on workers treating them as possible theives and trying to squeeze every ounce of work out for the least possible amount of pay. The owners kept a vital door locked to prevent the workers from stealing clothing (an average of $25 a year went missing), and that in turn caused the greatest loss of life, 146 workers, in a US workplace until 9/11. Von Drehle does a terrific job of showing how this tragedy came about and the repercussions that came after it. It's a tragic part of American history that shouldn't be forgotten.


Read more...


Posted in Labor and Industrial Relations (Thursday, August 28, 2008)

Written by Kevin Bales. By University of California Press. The regular list price is $21.95. Sells new for $15.91. There are some available for $12.55.
Read more...

Purchase Information
5 comments about Disposable People: New Slavery in the Global Economy.
  1. The comparison that Bales' draws between the "new" slavery and the "old" slavery is the most striking revelation I have encountered yet. It is essential that people read this book to understand that slavery effects every person, either directly or indirectly, and to understand the extent to which both individuals and state government's help to perpetuate this socially constructed atrocity.
    Bales gives an intimate account of slavery in different locations and the information that he presents is compelling, informative, and heartbreaking. Informed people of the world should pick up this book and begin to act.


  2. A sensational and touchy topic being told in a powerful fashion. It's sad to see such catastrophic things are happening in such modern societies.


  3. This emotional, very heart-wrenching piece is easily recognizable for what it is, the prototypical "liberal reformer" solution to all complex social problems: Wave your hands a lot, shout loudly and then look for the most gradual, most ineffectual, and most incremental and containable solution to the problem available. Ignore theory and the root causes as long as you can, and don't worry about whether your solution actually works or even alleviates the problem; the overall goal is to keep the party going.

    Surely it is improper to attack the messenger as I am currently doing, but it is equally improper for the author to raise the issue of "disposal people" at only one end of a mean-spirited global economic chain that is connected by the same economic logic and societal arrangements that produces disposable people all along its path - and not just in the Third World. To do so is as hypocritical as my unkind attack, and masks, rather than reveals, the true root causes of the problem.

    The ghettos of America and of its Native American Reservations, for instance, while not engaged directly in the kind of slavery the author describes going on in other parts of the world - at least not in any formal sense -- are no less engaged in the kind of skewed economic processes that produce the same dead-end imperatives that lead directly to disposable people in India, Thailand, or Brazil.

    It is the rationing of intangibles, and the rationing of access to the things that make people free, productive and their lives worth living that is the root cause of the problem. At the end of the logical chain, it is societal rationing that produces disposal people. And each nation is free to call the process any name it chooses. The point is that when examined closely, no one can argue, as the author would have us do, that the difference between the two is not simply just one of degree, rather than of kind.

    American ghettos and Native American Reservations are also engaged in the same kind of human disposal processes as is true of Pakistan, India, Thailand, and Brazil. Those who doubt it probably have never heard of Katrina or watched New Orleans on CNN News. The tried and true liberal formula is to point a finger at one end of a long interconnected chain of logic that begins with some egregious sin like slavery in some "god forsaken" Third world country -- a chain that always ends in middle-class consumer goods, comfortable living and profitable investment portfolios in some equally far off First World Nation. Then one is required to pretend that there are no connections between the two poles; and worse yet, he must also pretend not to understand that it is "relative poverty" and "relative class status" that produces the sins no matter where one is along the chain. Slavery never exists in a social and economic vacuum as the author's arguments would lead us to believe.

    The trick to the "liberal solution" is to sub-optimize the problem (otherwise know as to compartmentalize and remain in denial): Raise the issues, but not loudly enough to disturb either the existing global or societal arrangements, or that would probe too deeply into the economic systems and machinery that sustain the production of such disposal people. For if one probes too far, he is likely to find himself full-circle, staring himself in the mirror.

    The beauty of the liberal solution outlined in this book however is that it offers much needed solace in reduced guilt for doing absolutely nothing. It keeps the game going. But in the end it is all a parlor trick, a mind game that yields benefits at both ends: Liberals get to feel good about what they are saying, but not doing, by offering piecemeal ineffective solutions, and the system of which they too are mere cogs in the wheel, continues to issue them benefits. And, most of all, the game moves along undisturbed.

    As the Frederick Douglas' speech that the author cited in the last chapter of the book suggests, there can be no compromises with the kinds of evils as great as those that produce disposable people, whether one calls them "slavery," "bonded laborers," "indentured servants," "contract workers," "au pairs," "domestic servants." or "underpaid factory workers." Slavery is, as the author so carefully noted in this same section, just a matter of semantics.

    Surely the author knows that there are no sub-optimal solutions short of revamping both the American and the global economy, both of which thrive on disposable people like a baby thrives on mother's milk.

    Four Stars


  4. This is a great book, although some of the information is a bit dated, but it's still a good read if you want to know about modern day slavery. The website listed probably has updated statistics.


  5. I had no idea of the extent of "modern" slavery. This book reveals some of globalization's losers: how people become slaves and what keeps them enslaved. Jesus wept . . .
    The book was delivered quickly and on time. Read it and find out how multi-national corporations, unregulated markets, and greed propigate the new slavery. >Sam


Read more...


Posted in Labor and Industrial Relations (Thursday, August 28, 2008)

Written by Robert B. Reich. By Knopf. The regular list price is $25.00. Sells new for $14.91. There are some available for $13.28.
Read more...

Purchase Information
5 comments about Supercapitalism: The Transformation of Business, Democracy, and Everyday Life (Borzoi Books).
  1. I bought this book as new. The physical condition was awful. Groups of pages were bound at different lengths into the binder creating an edge that gave the appearance that an eight year old put it together. Or should I say, an eight year old in a Chinese forced labor camp.


  2. Robert Reich writes extremely well. In this book, he has some particular points to make. He sticks to the point, and develops his argument very clearly and cleanly. What he's saying is tremendously important to anyone who lives in, or wants to understand, the USA. The way we have traded off gains in our roles as consumers and shareholders, at the expense of our roles as citizens, is a huge change in our society that affects us all. Even if you are a "conservative", you'll find that you can read this book and appreciate what he's saying; it's not based on "liberal pieties", and he's not taking sides. As with many public policy books, he's much stronger on analyzing the problem than proposing solutions, but he is quite up-front about this. His goal is to persuade you to agree that the phenomenon he describes is a real one, and that we should think carefully about the degree to which we like or dislike this tradeoff. The writing style is utterly lucid, and no special knowledge is required to understand everything he says. I have not heard these points made anywhere else; this is truly something new. If you want to understand a lot about how politics works in the USA and its direct effects on you, read this book!



  3. This is a very good, clearly written and authoritative book. It is of particular interest to me for it explains why capitalism has developed to be instrumental in the present world crisis for civilisation. The author does not claim this but if one extrapolates supercapitalism's explosion of lobbying and influence to remove impediments to profit, which have demolished many of the social attributes of capitalism, it follows that environmental regulation and law will continue to suffer most from the attention of market forces. There are no affluent companies to lobby on behalf of the retention of ecological services, in effect the life support services of humanity, or to lobby on behalf of the urgent action to curtail greenhouse emissions which have an increasingly visible impact on the earth's physical and biological systems, or to make representations that capitalism must not extend its exploitation of natural resources to use capital as well as interest. These representations are made by dint of the small donations of concerned citizens and are rarely heard.

    For these reasons, I would recommend the book to all those concerned with the future health and wellbeing of humanity and therefore students of environmentalism for it explains the fundamental problem that must be solved if democracy is to survive to address the present crisis. This orientation is in contrast with the many reviewers who see the book as economically focussed.

    By any scientific calculation, world natural resources and damage to the planet, the accelerating economic growth conferred by supercapitalism is not sustainable. Reich does not address this and the omission reflects the reductionism that separates economics and science. His observations on the demise of democracy are however incisive. In "The Climate Change Challenge and the Failure of Democracy" by David Shearman and Joseph Wayne Smith published at the same time as "Supercapitalism", our conclusion agrees with that of Reich--that democracy must be reformed by separating government from capitalism. We describe a fusion of capitalism and liberal democracy as a root cause of our problems and state that it must be ruptured.

    The mechanisms whereby reform can be enacted amount to wishful thinking by Reich. This statement is not intended to be dismissive for it is difficult to visualise how to proceed. As a physician and therefore student of human nature, I recognise both the potency of unleashed human greed and the capacity for self delusion in the face of severe illness! Western democracy is wallowing in both. It would be good if the intellectual giants of public policy, such as Robert Reich and the environmental scientists applied their lateral thinking together.

    A final thought. The statement "Capitalism is almost certainly a precondition for democracy" can surely be contested, perhaps not in US liberal democracy but certainly in the ancient Greek origins and operation of democracy.


  4. Reich was interviewed on NPR in September 2007, and some of his comments promoting this book were eye-opening and counter-intuitive. His 'driveway moment' suggestions included eliminating the corporate income tax, putting lobbyist contributions into blind trusts so politicians could not know who gave what, preventing punitive fines on corporate malfeasance, eliminating the ability of corporations to challenge business-limiting regulations, and not giving tax advantages to corporations who keep their headquarters in the United States. These were some revolutionary recommendations and I was anxious to read his preparatory research.

    Unfortunately this book is a good bit less convincing than his radio interview. The second through fifth chapters are devoted to a litany of scolds about multinational corporations, globalization, outsourcing, Fair Trade laws and other sins of 'supercapitalism.' On nearly every page within these four chapters he mentions Wal-Mart at least once. He rightly blames market forces for the intense competitiveness which drives such corporations to look no further ahead than their next quarterly statement. He correctly places the blame on public ownership for changing corporate focus from customer satisfaction to stock price. There is nothing noteworthy here, and it is 2/3rds of the book.

    The first chapter is an excellent summation of the thirty year period 1945-1975, when most of us grew up, when government stimulus and regulatory bite combined to create a hugely-successful economic engine. During this period (our formative) a vibrant Middle Class emerged; educated, financially rewarded, productive, acquisitive and procreative. The new markets thus opened up drove industry to create more and better products, which in turn created more wealth shared among the workers. It was a positive feedback loop that floated all boats.

    Chapters 2-5 detail the change in focus from productivity to profitability, without really explaining how this came about. It isn't until the sixth and final chapter that Reich begins to lay out his vision of what happened.

    The mid-'70s saw the first cracks in the American juggernaut, with the Arab Oil Embargo, the rise of Japanese electronics imports, increasing auto imports, the fall of the U.S. dollar and the strain of the Vietnam War. In response, industry began lobbying Congress for increased freedom from regulation, from union contracts, from environmental responsibilities and from restrictions on overseas outsourcing. By the time Ronald Reagan washed into office the stage was set for major re-ordering of priorities, with the stick-and-carrot of previous regulation-and-stimulus being replaced by carrots alone. Big business took off running, and an unholy alliance of politics and big business suddenly got cozier -- to the point where consumers, citizens & taxpayers are no longer Congress's main constituents.

    Reich's solutions to these systemic problems depend, as he admits, on a culture change inside the Washington beltway, and this is unlikely to occur without some sort of intervention to break the dependency on lobbyist dollars. His recommendations on pages 210-211 are:
    * publicly finance election campaigns for all major offices
    * require broadcasters who use the public airwaves to contribute free campaign advertising to candidates in a general election
    * prohibit lobbyists from soliciting and bundling big-check donations from their business clients
    * ban gifts to lawmakers from corporations or executives
    * prohibit privately financed junkets for legislators and aides
    * ban parties staged to "honor" politicians with corporate contributions
    * prohibit former legislators and public officials from lobbying for at least five years after they leave office
    * require lobbyists to disclose all lobbying expenditures
    * mandate that all expert witnesses in legislative and regulatory hearings disclose financial relationships with economically interested parties

    I might add term limits would also be helpful. Decoupling legislative elections from lobbyist contributions would help Congress begin to serve the electorate again, and weed out career politicians whose only loyalty is to their own benefit.

    To return to Reich's radio recommendations, they have to do with eliminating the fiction that corporations are individuals, with rights and responsibilities. He recommends essentially making all corporations S-type corporations, where all profits and losses are funneled straight through to the shareholders and taxed on the shareholders themselves, rather than waiting for capital gains taxes. This eliminates the tax advantage to corporations to make capital investments (i.e. buy competitors) rather than pay dividends to shareholders. He also recommends that corporate malfeasance, and any fines levied, be charged to corporate officers directly rather than coming out of business profits. Corporations must not be used as proxy people, especially when publicly-held corporations are using shareholder money to enrich the officers of the company without returning an appropriate portion back to the real owners.

    In all, I still respect Robert Reich as one of the smartest men in politics, and if he were to run for office I'd vote for him in a heartbeat. Unfortunately (for us) he's probably way to smart to do that.


  5. There are really three things I think I would've wanted to know about this book before reading it.

    1. Reich's book treats us to a great many (quite persuasive) counterintuitve explanations. I'm a sucker for (good) explanations about phenomena that cut against intuition. For instance, when you learn in basic training that a bullet drops at the same rate as a paperclip, it's obviously true, but counter to your intuition.

    2. The book isn't perfect, but it is without any _serious_ flaws of reasoning. His least cogent argument is his claim that corporations cannot be responsible, unless being so happens to be good for the stakeholders of the company. First, I'm not sure that's true for privately held companies. Think of Caribou Coffee, for instance. Nevertheless, his point that the raison d'etre of a modern publicly-traded company is to make stockholders richer is hardly controversial. My view of this section is that he makes too much of some aspects of his case, without considering other non-governmental companies or the actual deeply held values and motivations of corporate executives. Furthermore, his argument would've been made stronger by some knowledge of attribution and dissonance studies.

    3. Reich changed my mind on some significant matters of practical import. For instance, if you think, as I did, that many large corporations seem to be failing in their civic responsibilities, this book will challenge that. (This may simply be an instance of 1 above.)

    All in all, I expect this book to leave a mark on future debates on the proper role of business in civic matters and government in business matters.


Read more...


Posted in Labor and Industrial Relations (Thursday, August 28, 2008)

By Holt Paperbacks. The regular list price is $16.00. Sells new for $6.92. There are some available for $6.22.
Read more...

Purchase Information
4 comments about Global Woman: Nannies, Maids, and Sex Workers in the New Economy.
  1. As the mother of five that relied on childcare during the many years of single parenting I think we tend to concentrate too much on the elite and their need for childcare. The notion that this childcare contributes to the foreign exchange is a little off base when in reality it contributes to an underground economy because the salaries are mostly off the books and taxes are not paid in any form. Safety issues also arise when you consider that most of the illegeal aliens caring for our children have never had childhood immunizations, and refuse the TB test. This may sound unimportant and nit picking but the reality is diseases we thought were erradicated like whooping cough can be traced to the unimmunized worker. Leaving your children behind to take care of mine is something we as a nation should give more thought about.


  2. ...Nevertheless, this book gives the reader valuable insight into the impact and opinions of women migrant workers in the service trades. All of the anthologized authors write in an accessible style free of academic jargon. I was particularly interested in the articles which did not have an American viewpoint and which presented the views of the women (and occasionally men) involved. For example, in various essays we get to meet Dominican women in the sex trade hoping to form relationships with European men; a college-educated Vietnamese women entering into an arranged marriage with an immigrant man holding an unskilled job in the U.S.; Filipina household workers laughing about the rules proposed by prospective Hong Kong employers; and a Sri Lankan man taking over the traditional woman's role to assist migrant relatives working in Saudi Arabia.

    There are some gaps here, such as the lack of first-person narratives and the views of Eastern European women working in Western Europe, but no anthology can be all-inclusive. This book is a good start and will be an intersting learning experience for most readers.



  3. In brief essays, the authors present generally unbiased academic discussions of the globalization of female workers. Though hardly a new phenomenon, it has dramatically increased in the last 50 years and is a topic that is deserving of this type of examination. The topics are clearly delineated between domestic workers, cheap labor and the sex trade - however, there are unfortunates whose experiences range from one to the other out of necessity, desperation or coercion. This harsh reality of the vulnerability of these women is discussed with jargon-free, scholarly precision. Excellent for libraries, research and the well-read individual.


  4. Global Woman: Nannies, Maids, and Sex Workers in the New Economy, edited by Barbara Ehrenreich and Arlie Russell Hochschild, Metropolitan Books, Holt & Co, 2002.

    Most of us are well aware of the patterns of illegal immigration which bring numerous undocumented workers to the US and other developed countries from less developed countries. Those who work in agriculture, lawn care, and low paying jobs like janitors are well known. This book takes a detailed look at female migrant workers. These include maids, nannies, nurses, those who care for the young and elderly and extends to those kidnaped or sold into the sex slave trade and those who seek marriageable partners in developed countries to obtain visas. A single mother can earn enough in a developed country as a nurse, a nanny or as a prostitute to leave her children behind in the care of a relative and pay for their education and daycare. This process gives her children access to a better education that can lift them out of poverty.

    This book is a collection of essays authored with assistance of researchers from numerous third world countries. The sociological aspect is consistent with Ehrenreich's usual works--always rich with social commentary. This time she functions as editor and provides one chapter from her earlier experience at Merry Maids as told in Nickeled and Dimed. Hochschild is professor of sociology at Berkeley.

    The major migratory pathways for women are described generally as from south to north. In the US, African American women accounted for 60% of domestics in the 1940s. They have now been replaced by Latinas mostly from Mexico and Central America. In Europe migrants come from Eastern Europe and the former Soviet Union. In the oil rich Mideast, many come from Bangladesh, Indonesia, the Phillippines, and Sri Lanka. In France, they now come from Morocco, Tunisia, and Algeria; in Italy, from Ethiopia, Eritrea, and Cape Verde. Generally, migrants have replaced those who once came from poor rural areas of their own countries.

    Several chapters on nannies and their problems are especially informative. The hours are long, overtime is seldom paid, time off it minimal, workers are sometimes farmed out to other families, or required to travel with the family on "holiday." The children often become attached to the nanny as part of the family, but this can result in jealousy on the part of birth mothers. Many nannies leave abruptly after an argument.

    Various aspects of the sex trade are explored. In the Dominican Republic, married women may voluntarily go to the larger town of Sosua to work as prostitutes in the sex tourist industry. This good money is used to pay the family bills, but husbands sometimes spend the funds on alcoholism and gambling when the wife is away. Some prostitutes hope for a marriage proposal from German tourists. In Thailand, in the less prosperous mountain districts, daughters once were sold into sex slavery when the economic survival of the family required it. Now, rapid industrialization and rising standard of living have created major growth in sex tourism. Industrial workers have more money to spend on prostitutes. Mountain Thais now are more willing to sell their daughters to fund the purchase of electronics and other consumer goods.

    In Viet Nam, the war killed many males and a disproportionate number of males were able to migrate to the US after the war. This has resulted in an over abundance of females. Educated females become un-marriageable. Arranged marriages with US citizens is one solution to this problem.

    This book provides perspective on another aspect of the woman's rights movement in developing countries. Apparently several previous books have issued, but this subject has received little attention in the overall scheme of immigration policy. I saw no discussion of how these problems should be addressed. Presumably better laws are needed as well as a willingness to enforce existing laws in the case of the sex slavery and sex tourism. Different solutions seem appropriate in the case of licensed nurses who are aided in getting visas to fill a real shortage. The presence of undocumented migrants working as nannies and domestics is yet another problem. Perhaps different solutions are needed for each group. Mixing all of them in a single volume confuses the issues. The book lacks the impact it could have had.

    This book is nicely done and thought provoking, but the absence of proposed solutions is a major omission. A collection of charts provide details of the female migrations. Notes. Bibliography. Index.


Read more...


Posted in Labor and Industrial Relations (Thursday, August 28, 2008)

Written by Michael R. Carrell and Christina Heavrin J.D.. By Prentice Hall. The regular list price is $173.33. Sells new for $67.96. There are some available for $68.49.
Read more...

Purchase Information
5 comments about Labor Relations and Collective Bargaining: Cases, Practice, and Law (8th Edition).
  1. I just took a college level class in which we used this book as the textbook. There is a lot of good information inside which provides a good introduction to the novice on how the process of collective bargaining works. It begins with the history of how it started and continues through the specific issues that collective bargaining entails. There is even a copy of the National Labor Relations Act in the back of the book.

    There are some rough spots that should be worked out in the next edition however. Sometimes I found myself lost in the verbage that the author chose to use and had no idea what the point had been. The case studies at the ends of the chapters have no solutions, they ask questions of you and then leave you - a novice - to flounder with no professional direction in the event - which is frequent - that you can't figure out the answer. And, there are some typo's in key locations which end up disproving, instead of proving, the point that the author was attempting to make (very confusing.)

    This text is best used in conjunction with lectures by a good professor if you want to get the most out of it.


  2. This is the first time I have order a textbook online. My experience was awesome. I received my order in a timely manner. The textbook was in outstanding condition. This text consisted of labor law material along with various labor law cases and procedures. I just order another book I am awaiting for the early arrival of this text.
    THANK YOU AMAZON !!


  3. I only bought this book because I'm in labor relations class. It's as dry as a piece of stale bread. But if you want to know anything and everything about Labor Relations and the history, BUY IT!


  4. This book worked perfect for my class. I encourage everyone that sells a book to include what edition their book is and whether it's the international version or not. This can be critical to the course you are taking.


  5. don't have too much to say other than i was glad i bought this through amazon rather than my school bookstore since i saved over $100. exact same book.


Read more...


Posted in Labor and Industrial Relations (Thursday, August 28, 2008)

Written by Richard Sennett. By Yale University Press. The regular list price is $27.50. Sells new for $17.16. There are some available for $18.99.
Read more...

Purchase Information
5 comments about The Craftsman.
  1. Surprising number of typos and syntactical mistakes for Yale University Press, sometimes making it difficult to understand.


  2. First of all, it is exceedingly unfair to write a short, impressionistic review for a book that is meant to be the first of a three volume critique and analysis on material culture intended by Richard Sennett.

    But being one of the rare books out there--and I can remember only Donald Schon's 'The Reflective Practitioner' as the last word out there outlining an epistemology of practice--Sennett's new book still warrants a few exciting words despite the caveat as stated. And like Schon's 'The Reflective Practitioner' with a lasting appeal precisely because it straddles multiple domains of practice such as design, management and education to name three, Sennett's work should also share this boon of longevity if synthetic works of such records are any form of indication.

    Truly, Sennett's total project is an ambitious one; and 'The Craftsman' here represents a powerful but nevertheless, a perplexing beginning to his critique of material culture. Why? While Sennett's powerful introductory delineation of a specific type of humanity in practice (i.e. the craftsman) is as comprehensive as it gets, but it may also strike many readers as a diffused analysis: an account that straddles one too many lessons to get the point across; an account that constantly runs the risk of losing its focus.

    For example, Sennett begins heroically through the narrative of meeting Arendt (which I thought is Sennett's ultimate strength as a writer, thinker and philosopher of the concrete) which then tacitly promises to continue from the premise in Arendt's Human Condition on the dangers of design and technology. But the book then took a turn into an account of skill development, which only serve to further constrained the narrative into a more developed account on the various aspects and contentions of skills. But in the last chapter Sennett returns to his initial premise on the ethics of design via craftmanship, thus showing that the ride between introduction and conclusion has been a less than focused one. But to the extent that this entire book can be seen as the grand introduction to an upcoming epic of critical commentary, then this criticism founded more on coherent argumentation and less on a journey of musing should also realistically be a less trenchant one.

    I found the book to be as uplifting as it was in parts, frustrating. On one end, the uplifting portions speak to absolve all who engage in some form of practical craftsmanship from the Arendtian charge of being engaged in mindless labor. On the other end, they inspire nearly all human activities and actions charged with the same Arendtian powers of natality to take on the virtues of craftsmanship. It is as if Sennett is interested to level the great disparity set between the mind and the hands instituted by the long line of thinkers from Plato to Arendt in the midst of the great nihilism of Tradesmanship today. If there is any covert political message that can rescue the current crisis of 'getting by' or 'value relativism', then Sennett here may possess the promise of a good chance.

    But the frustrating segments are quite something else. Fundamentally, the frustrating bit is Sennett's reluctance to outline and provide the premise where the intrinsic, non-teleological and practical virtues but also merits of craftsmanship are found to be relevant. A reader who is familiar with Sennett's previous work may have some clues to this reluctant and tacit premise--a society weaned on mindless commercialism, mindless pace and crass improvisations to the ultimate detriment of the society as a whole--that the values argued in this book seem relatively powerful and appropriate today. Thus if this was a piece of political philosophy masquerading as an epistemological account of craftsmanship in practice--which I read as it is--then it is also an unwilling one.

    Another frustrating bit comes from the uneven juxtaposition of Sennett's substantiations on his claims. Overall, Sennett furnished excellent examples to make his claims both clear and strong. But there are lesser notes in his symphony as well. For example, Sennett decisively claimed that it is easier to retrain a plumber than a salesman to become a computer programmer given the plumber's material focus and craft habits. While it is less clear that Sennett is exhorting a society where plumbers are given the same consideration as philosophers, it is however quite clear that Sennett believes that the ideal type salesman are certainly less than a plumber as far as retraining as re-skilling goes. As a reader who has a fair share of experience with plumbers and salesmen (and saleswomen) in a society that values philosophy over plumbing but which also worships commercialism, I find this claim somewhat specious.

    In the end, it is Sennett's quilting that earned the extra *star* in this book review. Sennett's comprehensive synthetic quilting of bits from computer programming, to violin making, to architectural practice stitched with snippets of his own insightful social commentary of how bad planning practices make unlivable cities, and the devaluation of human beings in new capitalism all make this book a rewarding tract for unbridled musings across historical time and intellectual space.

    For readers who want to know more about the theme of craftsmanship--a certainly underappreciated theme neglected by those who think and ironically despised by those who do--then this book is a real gem. But for a reader who seeks a deliberate piece of political philosophy improvised as an epistemological account of practice in a leveled world of commercialism, then this book, at least for now, still falls short of this wish.


  3. You name it; Richard Sennett breaks it down. Metamorphosis provoking material consciousness? (three ways: internal evolution of a type-form, judgment about mixture and synthesis, domain shift). Mirror tools? (two types: replicant and robot). Sennett combines this penchant for analytic break-down with a treasure trove of stories, examples, and experiences, drilling into craft through the finger movements of pianists, the methodology of cookbook Instructions, and much, much more. The Craftsman isn't proof as much as exploration, the perfect platform for a widely read and experienced scholar to play with a vast and varied data set. Even with all that information, The Craftsman comes down to a belief: that craft isn't about things but about values, not about superior skill but about doing a job well for its own sake. Think of it as a theory of sustainable labor in the age of hyper-capitalism.

    My BIG GRIPE with this book is that if Richard Sennett believes so much in craftsmanship, why are there so many typos? DOZENS OF TYPOS. Misspellings. Extra words. Here's the end of the second to the last sentence in the book: "the denouement of this narrative is often marked by marked by bitterness and regret." Ya think? If this book was a car, the dealer would be forced by law to replace it. I'm sure Sennett had nothing to do with this, and that he is mortified that his faith in the practice of craft (proofreading, book-making) has been so blatantly betrayed by his publisher (Yale University Press, of the billions in endowment fame), but frankly, reading this book was to experience cynicism of the highest order: A terrible fate for a story so tied to a job well done.


  4. There is quite a bit of sociological theory in this book, but that's been discussed by other reviewers, so I'll not go into detail here, but I'll just discuss my gripe: data.

    I expected to see some real data to corroborate Sennett's beliefs, but he offers mainly anecdotes, with lots of literary references (e.g. Homer and Wittgenstein). I can't shake the feeling that the author just used any odd example that popped into his head: he talks about conversations with his teacher, tours his friends gave him of bad Soviet architecture, a badly designed conference center he visited in Atlanta, his experiences learning to play music, and so on. The author just doesn't strike me as being very systematic, his examples seem like they were chosen more because they were convenient than because they were representative. Maybe this is standard practice for sociology books (I don't read too many from this genre) but The Craftsman certainly presents an unfavourable comparison to "Bowling Alone" by Putnam, which is a sociological text that makes an absolutely masterly use of data.

    As I said, Sennett's inability or unwillingness to confront data is my biggest gripe with the book. I cannot remember any point at which Sennett had a piece of information that was hard to square with his beliefs; anything contradictory seems to have been ignored. Even when Sennet does mention any data, it is done in little snippets, and it is often wrong. In chapter one alone, Sennet claims that Wikipedia is a Linux application (?), that the British National Health Service spends about 2/3 as much as the US (in fact, the British spend less than half as much as a % of GDP, and even less than that in absolute terms), and that US median earnings rose only 4% between 1973 and 2003 (in fact median real gdp per capita is up about 20% over that time period).

    There are other problems (and some good points) but for me the big let-down of the book was that it felt too much like an informal chat (albeit with a very intelligent man). Maybe I just went in with the wrong expectations, but if I could read it again, I wouldn't.


  5. While I found the contents of Sennett's book interesting and even, at times, uniquely thought-provoking, reading the book left me bewildered and dismayed: How could a book extolling the virtues of quality in craftsmanship be so poorly edited? Is the manner in which the book is published a purposeful counterpoint to Sennett's basic argument? Without exaggeration, almost every page in the book held one or more instances of unaddressed typographical oversight. In truth, the book read like a poor translation from another language possessing idioms and phraseology totally foreign to English. If this is the best that Yale University Press can do, I will certainly question any future purchases bearing that name. For the prospective buyer, be prepared for a disruptive read.


Read more...


Posted in Labor and Industrial Relations (Thursday, August 28, 2008)

Written by David K. Shipler. By Vintage. The regular list price is $14.95. Sells new for $8.43. There are some available for $8.41.
Read more...

Purchase Information
5 comments about The Working Poor: Invisible in America.
  1. Having gone down my own path of working at minimum-wage jobs, being a single mother, receiving food stamps and Medicaid for a short time when my child was small and I had to be home with her, this was a poignant read. Since that time I was able to complete my degree and am gainfully employed.

    That said, this is an excellent book that explores the realities the poor face, and hints at solutions. Shipler does a fine job of provoking thought about many of the questions around the big questions about why people aren't able to pull themselves out of poverty.

    The book really should be an educational tool used at an age where school is mandatory. Had I read this book in high school, rather than college, perhaps I would've been more keenly aware of the path I should have taken in the first place. There is nothing like living through mistakes to teach, but this could come awfully close.


  2. I THINK THIS BOOK WAS A REFRESHING LOOK AT THE PEOPLE WHO FALL BETWEEN THE CRACKS CREATED BY THE VARYING LEVELS OF SOCIAL STRATA. IT WAS AN EASY READ AND CONVEYED THE AUTHOR'S POINT VERY DEFINITELY WITHOUT BEING STUFFY.


  3. The book was excellent. It gave me an intelligent insight of the struggles of so many Americans who can't deal with the American Dream.


  4. I never received the book, so I don't know how I can review it. Do you have any logical suggestions?


  5. The poor are very visible in our society. What's far less visible is "The Working Poor", people who may have jobs, but who face consistent problems of health,low income,no benefits,little education and training, single parenthood,and so on. Pulitzer Prize winning author David Shipler has done a marvelous research job giving flesh to problems many of us may think we have some handle on. After reading his outstanding book, I found that I hardly had a clue. Dozens of interviews have produced a truly heartrending, and sometimes hopeful tableau, of what it means to live on the edge.

    This is an important book. I read segments of it to my college students --the parts that emphasize how easy it is to fall into the crevasses of the working poor by either not obtaining a college degree or by not getting training in a field with demand. I recommend this book highly to anyone and as a must read for anyone thinking about dropping out of school or a training program.


Read more...


Posted in Labor and Industrial Relations (Thursday, August 28, 2008)

Written by Barbara Ehrenreich. By Holt Paperbacks. The regular list price is $13.00. Sells new for $4.70. There are some available for $1.25.
Read more...

Purchase Information
5 comments about Nickel and Dimed: On (Not) Getting By in America.
  1. This book was required summer reading before my freshman year at the University of Missouri. I was appalled to find after the first chapter or so a political undertone of liberals masquerading as journalists yet again.

    Now I am a middle of the road individual, but my biggest pet peeve is when people are NOT UPFRONT with there intentions. It was the most hypocritical book I have ever read.

    She does her best to point out how hard it is to get by on minimum wage with minimal education. She stays in these personas long enough to learn about her coworkers and show us how hopeless it is. Our lives are what we make of them not our jobs or money-I certainly hope I can not be reduced to a $ sign. Maybe if she lays off the drugs long enough she will stop blaming society for our problems and realize that it boils down to individual responsibility.


  2. I was expecting this book to make us 'understand' ,not 'know', what it is like to be in a low wage job and more or less at the bottom of the economic chain. This book left a lot to be desired. The author never really 'lets go' and immerse herself in her situation. Rather, she stays high up on her perch, and passes judgment on everything that moves. How do we interpret her musings and thoughts and humor? Was it just to alleviate her pain arising from a situation (she makes fun of the 'rich' folks who employ 'poor' house-maids. While the humor was nice to read, what was she trying to convey in the page after page of sarcastic comments about the boss of the maid service? Wasn't he a product of the economic system as well?)
    What I was looking forward to was someone who stood back and simply 'described', with the astute observational-eye of a Somerset Maugham or an R.K.Narayan - and let the reader interpret and judge. Instead the author fills the book with pages and pages of sarcasm and humor poked at someone or the other - management, the hotel owner (she even goes to describe problems with an East Indian marriage system !), the rich and even at the English language in Walmart's video material! The author behaves like a 'tourist' having a trip on her expensive car through 'poor town' and thinking that she is experiencing poverty. Poverty is more of a state of mind - of how the mind, in desperation, breaks down and accepts its surroundings without question. For some reason, the author simply finds this hard to understand and keeps questioning 'why the employees at Walmart don't form a union'.
    Go ahead and the read the book - I do commend the author's courage in leaving her safe surroundings and living in poor conditions. But do not get swept away by the glowing reviews on the cover - they are by affluent reviewers who just want a vicarious peek at poverty.


  3. Gave the book as a gift...didn't read it but the reviews on it are great. I'm reviewing the bookseller. The book was here very quickly in excellent condition.


  4. This was me! For those who reviewed the book and said that Ehrenreich was "unrealistic", I'm going to share my story. Several years ago my ex-boyfriend and I could have been in the book; we were each working a full-time job and he also had TWO part-time jobs at the same time (one after his full-time job and another on the weekends). Our jobs were in electronic sales at a big chain store and telemarketing which at the time paid $7.50 an hour. Yet we were still unable to make ends meet. After rent on our shoebox-efficieny apartment and utility bills, quarters for laundry and bus fare (we couldn't even afford a car! And even if we could have, we would not have been able to afford insurance AND gas.), we had hardly any money leftover for groceries and certainly NO money leftover for luxuries such as new clothes and new shoes (we did shop at thrift stores, but only when we really needed more outfits). After we ran out of selling our CDs, books, and magazines, which we sold for bus fare to be able to get to and from jobs, we resorted to selling plasma which paid $20 at the time and was enough for two weeks worth of groceries. Everything else that we owned, a mattress on the floor, linen, and kitchen supplies (which we deemed were the necessities) had all been purchased at a Goodwill also with the help of a friend of mine who worked there and used his employee discount for us.
    I'm sure people would have thought my ex-boyfriend and I were lazy and "slackers" but we were working so HARD and pinching pennies and we couldn't understand why we still couldn't afford a nicer apartment, a car, decent clothes and to eat well. I shudder to think how much more of a hell our lives would have been if we had had children to boot!
    Unfortunately the strain of our financial situation did our relatonship in. He moved back in with his single mother and I moved back in with my grandparents as we went our seperate ways. Sadly, living with my grandparents rent-free didn't really make my life easier. I was still working a minimum wage job and trying to save money while also helping them with expenses. Then the worst thing happened, I got another job in telemarketing and lost my voice completely two weeks into training which was followed by strep throat; this latest for a month! Needless to say I lost my job because I couldn't even make it through training. Of course I had no health insurance either. I realized there was no way I could ever afford a car to get a better job off the bus route or to move out into my own apartment anytime soon. Finally, I made the desperate decison to enlist in the Army.
    My life is completely different now that I am out of the Army and a civilian again. From the Army I gained skills and knowledge in a specific field which are marketable and thanks to the Army College Fund and Montgomery G.I. Bill I am currently enrolled in a graduate program. Finanically I am better off now then I ever was in my life, but I never forget for a minute that I can end up again where I was before the Army, (selling plasma for food)...even with a Master's degree. Unfortunately there are countless reasons why some people would not be able to make the same decisions to join the military. For many people that is not an option. So where does that leave them?
    I LOVE this book because I think it IS realistic and dead-on and I should know, I have lived it!


  5. I heard about this book through my reading teacher and a student a few months ago. Out of curiosity I decided to buy the book.
    I really enjoyed it. I loved how it was written in a diary format and how the author was so real and blunt about everyone and everything she came in contact with.

    Hopefully this book will wake up the country.


Read more...


Posted in Labor and Industrial Relations (Thursday, August 28, 2008)

Written by Barbara Ehrenreich. By Holt Paperbacks. The regular list price is $14.00. Sells new for $7.93. There are some available for $7.50.
Read more...

Purchase Information
5 comments about Nickel and Dimed: On (Not) Getting By in America.
  1. I mean really now. Who sees any sort of humor at all in this book?

    I actually find the author's tone to be completely indignant and arrogant, she is ungracious, unkind, even cruel in her tone towards her "friends" and co-workers while she is playing poor.

    She even goes so far as to compare her plight to that of a princess being punished by being forced to hand feed all her subjects... this lady is a real piece of work. She is absolutely deplorable and such a snobbish, egotistical (well a not so very nice person)! Her "insights" and her surprising realizations scare me, I mean if real people actually find shock and awe at the same everyday DUH she makes a big fuss over, then this country is way past salvageable!!!

    She is a career essayist who lowers herself to play poor for a little while, and tries to maintain a decent quality of life while getting by on minimum wage, something which is definitely not her area of expertise. She describes looking for places to live, jobs, working conditions and overall environments of the places she goes.

    She alienated, humiliated, and demeaned almost everyone she met, though not in any sort of dialog to their face, just her thoughts about them...

    This is definitely a must read, but not for the reasons by which I kept being mislead. For people like myself, this is at times hard to read, however it is definitely a book you will not soon forget, and definitely an author you will not soon forget either.


  2. I thought the concept of this book would be very interesting. However, the Author's delivery, not so much. I would have liked more details about her co-workers, friendships and follow ups on where are they now or simply more of a personal insite to the people. She was very "on the surface" with alot of descriptions. The Author was a bit arrogant by constantly reminding us about her eduation and background. I hope once she published this book that she gave something back to the hard working people that "helped" in her research. Or at least gave them a (free) copy of the book! The Author ends with some very strong and thought provoking points. All in all it's an ok book if you're not into details.


  3. I think the premise was a good idea as a whole, but I don't believe Barbara Ehrenreich was the one to present it.
    She tends to have a victim attitude in life, and a contempt for people who are successful, which I find ironic since I am sure she is not standing on a street corner giving away her profits from the book.

    She opens fine and the footnotes are somewhat interesting but then she goes off on tangents that have nothing to do with the book. She claims to have this disdain for others who she feels are elitists but then she turns around and does the same thing herself. One example, which has no place in this story, in my opinion is when she, as an avid atheist, decided to attend a revival for fun, then not only proceeded to mock the people who went but called Jesus a socialist among other things I would rather not repeat. My opinion of her formed very quickly from that point.

    She also points out that management in one of the companies she works for were simply jerks. Granted we all know the types but she didn't even try to see it from a balanced point of view. The Maid Company she worked for had some hard rules, like no water on the job, etc., which I found to be unreasonable, however she ended up blaming the homeowners, some that she never met. She had disdain for a Buddhists home who had spiritual messages throughout his house, once again she never met this person, yet felt free to judge.

    Also as far as management is concerned, as a business owner I realize how some people are in this position but there are also two sides to a coin. She mentions how much she dislikes the people she works for with the "rules" yet in the next breath she talks about her and the "maids" in the company car driving through a nice area with the radio blarring and yelling "F*** YOU" out the car window to moms with stollers. When they cringed she mentions how she finds this behavior hysterically funny. Gee and you wonder why they have to set up rules. I wouldn't want her representing my company.

    The book is not balanced. Last but not least, she claims so many of these people are in poverty, yet I can't help notice how many of them have no "lunch " money yet have plenty of funds for smoking and having kid after kid. Just an observation. It's too bad really the subject matter would have been good had it not been so tainted by attitude.

    I have no doubt there are a great deal of working poor who are making ends meet and having a hard time. Those are the people she should have sought out. I believe she was too blinded by her anger or perhaps guilt over her own success to see it clearly.


  4. If you'd like to hear the voices of the real working poor, get a copy of Without A Net: the female experience of growing up working class, edited by Michelle Tea. It is more poignant than a journalist's game of dress up.


  5. Another book explaining how we as a superpower are continuing to do a disservice to our own people. We can spend Billions on other countries to insure they have high-speed internet, but fight when it comes to guarnteeing medical for our children. It is not just that the system is not working... it is so far broken that it has been forgotten. How do we fix this? My grandma suggested an atmoic bomb, and although I thought this was ludicrious at first, I am begining to come around.


Read more...


Page 1 of 250
1  2  3  4  5  6  7  8  9  10  11  20  30  40  50  60  70  80  90  100  110  120  130  140  150  160  170  180  190  200  210  220  230  240  250  
The General Theory of Employment, Interest, and Money (Great Minds Series)
Triangle: The Fire That Changed America
Disposable People: New Slavery in the Global Economy
Supercapitalism: The Transformation of Business, Democracy, and Everyday Life (Borzoi Books)
Global Woman: Nannies, Maids, and Sex Workers in the New Economy
Labor Relations and Collective Bargaining: Cases, Practice, and Law (8th Edition)
The Craftsman
The Working Poor: Invisible in America
Nickel and Dimed: On (Not) Getting By in America
Nickel and Dimed: On (Not) Getting By in America

Copyright © 2005
*Amazon.com prices and availability subject to change.
Last updated: Thu Aug 28 05:23:03 EDT 2008