International and domestic forces in the postwar golden age

Article Abstract:

The countries comprising the Organization for Economic Cooperation and Development (OECD) experienced a dramatic economic boom in the 1950s and 1960s and a subsequent downturn since the 1970s. The social structures of accumulation theory, which stresses the role of domestic forces such as capital-labor and government-citizen relations, explains the forces driving the economic boom but does not adequately explain the decline phase. Domestic forces have been secondary in the decline phase, which has been caused by international economic rivalry. The decline of the OECD's golden age was caused by the weakening of the US capitalist class' position vis-a-vis capitalists in other nations.

History, Economic development, Economic history, 20th century AD, Organization for Economic Cooperation and Development

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Foreign trade and innovation in domestic labor relations

Article Abstract:

The role of foreign competition in inducing changes in the institution regulating capital-labor relationship in an industry has been examined. The study uses pooled time-series and cross-section data between 1977 to 1981 from 20 two-digit manufacturing industries. This time frame was chosen because it was during this period that US economy was adopting to the increasing pressures of import competition. It was also chosen so as to avoid having to quantify hard-to-measure events in US labor relations that became significant after 1981.

International trade, Labor relations, Technological innovations

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New Labor Party develops program for economic justice

Article Abstract:

Nine international unions, 100 local and state labor bodies, and over 1.2 million organized workers formed the Labor Party last June 9, 1996 in Cleveland, OH. Its focus is on economic reforms for the empowerment of the working class. Its program includes the demand for the right to a job at a living wage, shorter work time, the right to organize and go on strike, equal treatment and the protection of the environment. The political party will represent labor in the political arena.

Reports, Political activity, Labor unions, Labor movement, Labor Party (United States)

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