[lbo-talk] Fitch and Brenner

[Michael Perelman]

Productivity can be misleading.  If low productivity producers drop out, 
that increases productivity without any improvement in existing operations.  
Also, productivity can increase by outsourcing some work -- say janitors in 
a factory.  These outsourced workers can be pushed harder than unionized 
workers.

 -- 
Michael Perelman
Economics Department
California State University
Chico, CA 95929

Tel. 530-898-5321
E-Mail michael at ecst.csuchico.edu
michaelperelman.wordpress.com