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Global Wage Scaling and Left Ideology: A Critique of Charles Post on the ‘Labour Aristocracy’

In: Contradictions: Finance, Greed, and Labor Unequally Paid

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  • Zak Cope

Abstract

This essay demonstrates that US economist Charles Post’s attempted rebuttal of the ‘labour aristocracy’ thesis is both theoretically and empirically flawed. Defending the proposition that colonialism, capital export imperialism and the formation of oligopolies with global reach have, over the past century and more, worked to sustain the living standards of a privileged upper stratum of the international working class, it rejects Post’s assertion that the existence of such cannot be proven. The essay concludes with a working definition of this ‘labour aristocracy’, setting the concept within the field of global political economy and reclaiming its relevance to the Marxist tradition.

Suggested Citation

  • Zak Cope, 2013. "Global Wage Scaling and Left Ideology: A Critique of Charles Post on the ‘Labour Aristocracy’," Research in Political Economy, in: Contradictions: Finance, Greed, and Labor Unequally Paid, pages 89-129, Emerald Group Publishing Limited.
    • Handle: RePEc:eme:rpeczz:s0161-7230(2013)0000028005
    DOI: 10.1108/S0161-7230(2013)0000028005
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