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Economic Pluralism in the Study of Wage Discrimination: A Note

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  • Drydakis, Nick

Abstract

Economic pluralism proposes that economists and social planners should consider alternative theories to establish a range of policy actions. Neoclassical, Feminist and Marxian theories evaluate well-grounded causes of wage discrimination. Racist attitudes, uncertainties regarding minority workers’ productivity and power relations in lower-status sectors might generate discriminatory wages. Each cause deserves corresponding policy action. Given pluralism, wage discrimination might be reduced by implementing equality campaigns, creating low-cost tests to predict workers’ productivity and abolishing power relations towards minority workers. Pluralism might be jeopardised if there is a limited desire to engage with less-dominant theoretical frameworks. Also, pluralism might be misled with rejection of dominant theories.

Suggested Citation

  • Drydakis, Nick, 2018. "Economic Pluralism in the Study of Wage Discrimination: A Note," GLO Discussion Paper Series 176, Global Labor Organization (GLO).
  • Handle: RePEc:zbw:glodps:176
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    More about this item

    Keywords

    Economic Pluralism; Schools of economic thought; Wages; Discrimination;

    JEL classification:

    • B4 - Schools of Economic Thought and Methodology - - Economic Methodology
    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
    • B54 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Feminist Economics
    • J71 - Labor and Demographic Economics - - Labor Discrimination - - - Hiring and Firing

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