The Economics of Racism
نویسنده
چکیده
Michael Reich is Professor of Political Economy at U. C. Berkeley. This article was written in 1974, hence used only data available at that time. His research was repeated on later census data in his book Racial Inequality: A Political-Economic Analysis, (Princeton, N.J.: Princeton University Press), 1981, and by other researchers, with similar results. His main thesis is that most workers are harmed by racism, regardless of their race. Reich believes this analysis to be based on ideas from Marx, but whether Marx would agree with his assumptions about how wages are determined is debatable.
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