Domestic Outsourcing, Rent Seeking, and Increasing Inequality

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 prof...

Full description

Saved in:
Bibliographic Details
Published inThe Review of radical political economics Vol. 49; no. 4; pp. 513 - 528
Main Author Appelbaum, Eileen
Format Journal Article
LanguageEnglish
Published Los Angeles, CA SAGE Publications 01.12.2017
SAGE PUBLICATIONS, INC
Subjects
Claims
Earnings
Economic theory
Income
Inequality
Outsourcing
Power
Production
Rent-seeking
Rents
Skills
Workers
inequality
J31
D23
production networks
financialization
D3
Online AccessGet full text

Cover

More Information
Summary: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.
ISSN:0486-6134
1552-8502
DOI:10.1177/0486613417697121