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That is to say that those wages that pay less than "maintenance" a la Wealth of Nations should be excluded from any measure of employment because they represent a case employers have managed to drive wags below their natural level?

Isn't this the substantive meaning of the unemployment measure?  Employment is meant to offer a measure of economic independence rather than trapping the individual in a dependent relationship.

This is a GREAT idea, and something that should be pushed. It needs a catchy name (underployment or something), and a basic study to get some numbers out.

I expect that numbers will be pretty high in all countries, but even higher in some.

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Mon Oct 8th, 2007 at 11:56:24 AM EST
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Unemployment is bad because it indicates the economy isn't using its resources optimally. What is this "economic independence" thingy? Sounds like communism to me.
by Colman (colman at eurotrib.com) on Mon Oct 8th, 2007 at 12:00:05 PM EST
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Unemployment is bad because it indicates the economy isn't using its resources optimally.

Human dignity isn't Pareto efficient?

My thoughts on this may be found in my new sig below.


And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg

by ManfromMiddletown (manfrommiddletown at lycos dot com) on Mon Oct 8th, 2007 at 07:11:57 PM EST
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SEWs and SIWS.

No need to reinvent the wheel.

The European Union has an established policy combating social exclusion.

Philosopher Axel Honneth thus speaks of a "struggle for recognition", which he attempts to theorize through Hegel's philosophy. In this sense, to be socially excluded is to be deprived from social recognition and social value. In the sphere of politics, social recognition is obtained by full citizenship; in the economic sphere (in capitalism) it means being paid enough to be able to participate fully in the life of the community.

Thus, we come to SEWs and SIWs.

Socially exclusive wages (SEWs) are those that deny the employed the ability to fully participate in the life of the community, thus in substance denying them the equality and human dignity requisite to the democratic society.  To allow the persistence of SEWs permits the diffusion of anti-democratic norms that promote unequal social relations mediated by things rather than interpersonal relation.  Labor is commodified, and the sacred nature of human life is denied through the imposition of anti-social market logic.

Socially inclusive wages (SIWs) are those that permit the employed to participate fully in the life of the community, granting them positive rights.  The promotion of SIWs through its insistence on egalitarian social norms based upon the belief that vertical economic relationships are contrary to the fundamental basis of the democratic society.  Equality.

It would be a huge project, but I think that at the NUTS II level you could parse out the cost of decent housing, the cuisine constituting the local social norm, and such cultural and educational activities as are deemed constitutive of the civic experience.


And I'll give my consent to any government that does not deny a man a living wage-Billy Bragg

by ManfromMiddletown (manfrommiddletown at lycos dot com) on Mon Oct 8th, 2007 at 07:08:57 PM EST
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