The Relationship Between Economic Globalization And Labor Market Power

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The relationship between economic globalization and labor market power provides empirical trends in world average and the world equality through structural bargaining power and associated power, thereby allowing workers to achieve convergence across nations (Mahutga). What labor market power does for economic globalization is that it increases the probability of labor internationalism through two models, namely, the structural model and the institutional model. Beverly Sliver, Tamara Kay, Nita Rudra, and Matthew Mahutga provide different theories and data, breaking down the trends of labor power and labor movement on a global scale. The labor movement began during the industrial revolution and exists because of worker-employer relationships and working conditions, thus providing the landscape for labor power (Mahutga). Labor power can be broken down into associational power and structural bargaining power. Mahutga’s Lecture on Globalization and Labor builds on Beverly Sliver 's argument on the Forces of Labor and Tamara Kay 's argument on Labor Transnationalism and Global Governance about what Labor market power and Labor Transnationalism mean as regards labor on a global scale (Mahutga, Kay). Is it creating better standards for the working and living conditions of workers? Associational power results in collective workers ' ability to unionize and organize to present one opposing voice. Structural bargaining power results from the workers ' place in the economic system,

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