Book Chapter — The Global Wage Relations as an Instituted Market — by Philip McMichael

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Abstract

McMichael turns the opportunity of his presentation into a research-sharing experience inspired by Terence K. Hopkins, offering an example of how by being self-critical and open to questioning the inherited concepts and theories of labor, we would be able to consider more effectively how wage labor may be reconsidered in a new global context marked by the increasing predominance of informalized labor as the new “pedestal of capitalism.” 

Recommended Citation

McMichael, Philip. 2017. “The Global Wage Relations as an Instituted Market.” Pp. 55-59 in Mentoring, Methods, and Movements: Colloquium in Honor of Terence K. Hopkins by His Former Students and the Fernand Braudel Center for the Study of Economies, Historical Systems, and Civilizations. Edited by Immanuel Wallerstein and Mohammad H. Tamdgidi. Twentieth Anniversary Second Edition. Belmont, MA: Ahead Publishing House (imprint: Okcir Pres).

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