Work Under Capitalism synthesizes recent institutionalist and Marxist ideas about the organization of production, situating production within a social context. Starting with the transaction rather than the individual, it builds upon a coherent theory and applies it to a wide range of experience, from household labor to transformations of health care in Great Britain and the United States.This book's analysis sheds new light on the recent degradation of jobs and income among American minorities. Written with advanced undergraduates in economics, public policy, sociology, history, and other social sciences in mind, it should also stir wide discussion among professional students of work and labor markets.