CHAPTER THIRTEEN

1
CHAPTER THIRTEEN

• WORK AND THE ECONOMY

2
Economy as an Institution

• Economy organizes production, distribution and
  exchange of goods and services
• Sectors
• Agricultural
• Manufacturing
• Service

3
History and the Economy

• Development of agriculture
• Development of modern industry
• Development of service sector

4
Economic Systems

• Capitalism
• Private ownership of property
• Competition and profit
• Communism
• Public ownership of property
• Government planning
• Democratic socialism
• Public ownership of basic industries
• Government involvement in the market

5
Global Economy

• Economic restructuring
• Deindustrialization
• WWII v. today
• At what cost?
• Technological change
• Computer technology
• Deskilling

6
Work

• Productive human activity that creates something
  of value
• Value from high to low
• Mental
• Manual
• Emotional

7
Labor Market Development

• Rise of large working class
• Labor homogenization
• Labor market segregation
• Primary labor market
• Secondary labor market

8
Worker v. Management Struggle

• Resistance
• Significance of unions
• Hours worked per week
• Vacation
• Workforce reform
• Quality circles
• Codetermination

9
CEO Salaries
10
Barriers Between Primary and Secondary Markets

• Few entry-level positions in primary market
• Impact of networking
• Lack of training
• Who is in the primary market?
• Who is in the secondary market?

11
Are We Working Too Hard?

• 22 work 41-59 hours a week
• 8 work 60 hours a week
• Health implications
• Why is this happening?
• Advertising and Ive got to have it
• Overtime v. more employees
• Little power to demand changes

12
Labor Force

• Women
• 1948-1999employment increased from 35 to 60
• Daycare options
• Unemployed and jobless
• One who is not working but officially defined as
  looking for work
• Who does that definition leave out?
• Official statistics

13
Sexual Harassment

• Unwanted physical or verbal sexual behavior in a
  relationship of unequal power and is a threat to
  victims job or education
• Types
• Quid pro quo
• Hostile work environment
• Extent of problem

14
Disabilities and Work

• Views
• Through 1980sdisease that impairs a person
• New viewmore like minority groups
• American with Disabilities Act (ADA)1990
• Protects from employment discrimination
• Reasonable accommodation
• Qualified and able to perform essential
  requirements

15
WORK AND ECONOMY

• END CHAPTER THIRTEEN