Edward Elgar Publishing Economics and Social Justice: Essays on Power, Labor and Institutional Change (Economists of the Twentieth Century series)

David Gordon was a pioneer in the burgeoning field of institutional growth economics, introducing the concept of a 'social structure of accumulation', and richly illustrating its usefulness with both econometric and historical studies. Gordon also helped to develop the theory of segmented labor markets and contributed to the econometric and historical analysis of their evolution. This authoritative collection of his most influential works - selected and introduced by his two closest collaborators - embraces the full range of his lifelong scholarly endeavor to deploy modern economic reasoning in the cause of social justice. The work opens with an introduction and overview of David Gordon's career and published work. This is followed by his major essays on a great variety of topics, including the economics of crime, urban history, wage stagnation in the US economy, the organization of work, the 'top-heavy' modern corporation, the social and institutional determinants of productivity growth and the globalization of economic life, as well as labor market segmentation and the social structure of accumulation. Gordon's synthesis of questions of neo-Marxian and more conventional provenance, and his integration of historical and econometric methods in providing answers, makes Economics and Social Justice a unique and intellectually rewarding analysis of contemporary capitalism.