No Mercy for the Poor

Who is called poor? The poor were once householders and beggars who were condemned to the philanthropy of the church and charitable institutions. At a certain stage of industrialization, they were still engaged in agriculture. After the industrial revolution, there were the hungry and the excluded of the "third world"... So who is the poor today for economic theory? Are they unemployed? Unemployment is related to some of the situations of poverty, but today the majority of the poor are poor not because they cannot find a job, but because the wages they receive are not enough to support their families. Increasing and persistent unemployment has brought poverty discussions back to the agenda since the early 70s. New questions were asked about the functioning of the labor market. In No Mercy for the Poor, Laurent Cordonnier deals with the problematic functioning of the labor market. With both humorous language and analytical rigor, he shows the assumption in neoclassical economics that the poor are responsible for poverty and its theoretical and political consequences. When it comes to workers who demand wage increases, expect social aid, and want more welfare, the dominant economic theory, which labels these as irrational desires, claims that the unemployed are the main responsible for unemployment. While Cordonnier questions the economics doctrine from this perspective, he examines how neoclassical economic theory looks at basic concepts such as labor, labor supply and demand. Based on this theory, it shows how the unemployment issue cannot be solved. It is both a labor economics textbook and a book that sheds light on a burning problem of our day, written in a language that everyone can read to understand employment and unemployment, one of the main subjects of economics.
(From the Promotional Bulletin)



Number of Pages: 110

Year of Printing: 2014


Language: Turkish
Publisher: Iletisim Publishing

Number of Pages: 110

First Printing Year: 2014

Language Turkish