Trends in Labor Force Participation Essay Example | Topics and Well Written Essays - 250 words

Trends in Labor Force Participation - Essay Example On the other hand, labor-force participation among men dropped from 87 percent to 71 percent. The author states that there has been a vast range of reasons that have led to the increase in women’s labor force participation. For instance, the rise and improvement of technology in the information era resulting into less time required for household chores, and changes in social and political attitudes among others (Mankiw 38). Alternatively, the decline in labor-force participation in men can be attributed to early and prolonged retirement period, and more time consumed in school among young men. Westernization and globalization has also affected the emergence and increase of labor-force participation among women. In the current world, women participation in various social, economic and political leadership positions has drastically increased. Women empowerment programs and women labor unions have played an imperative role in ensuring women get equal representation and fair treat ment in the workplace (Mankiw 38). According to some economists, labor-force participation is expected to drop in the future as a result of increased old population share in the labor market. Today, equal representation in the labor-force participation among men and women has been witnessed. On the other hand, there is need for government intervention in protecting available opportunities in order creates more chances and participation in the labor-force with women participation in the labor market increasing from 33 percent t0 59 percent.

Modernity Essay Example | Topics and Well Written Essays - 2000 words

Modernity - Essay Example They have sought to find out the ways through which modernity could get transformed into an ideal feature, rather than following the path of returning to the idealized past. Marx’s perception regarding modernity was built up by three developments – the French revolution of 1989, and 1848, and the French theorists; the industrial and agricultural revolution in Great Britain and the economists of Britain; and finally decline of Churches credibility. He actually tries to make some projection regarding what kind of shape all these developments will take in future. Very often it is perceived by many economists and politicians that Marx’s analysis of capitalism is mainly based on the experience of the textile industry the Manchester. According to Marx capitalism has lead the way to ultimate modern society, which can also be termed as stateless communism. According to Marx modern world has also taken its birth through class struggle. Marx treated the classes in the society as the agents of social change. The determinants are nothing but the organization of production. This kind of assumption stemmed from the consideration of some philosoph ical ideas in the very early days. In past, each society no matter whatever be it form – tribal, feudal or capitalists, was characterized by how its member used produce their basic needs for living. Each society had a tradition of creating a ruling class and a subordinate class on the basis of the mode of production they used. Since it’s impossible for any individual to live without work, and to propagate his own style, each individual has a tendency to enter into relationships with other and form family. People use different tools to fulfill their needs, and as old needs get satisfied, new needs arise and along with it, there also arise the need for improving or inventing new technique of production. This kind of technological innovation results in division of labor which affects societal arrangements too. Division