SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
GlobalLabour

The Commoditization of Labor

AT A GLANCE

About this material

Technical change often simplifies jobs. This increases productivity, but it also makes workers more substitutable–or more "commoditized." Commoditization of labor drives down worker bargaining

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