Tag Archives for secular stagnation’

Austerity has transformed the meaning and morality of work in the UK

Craig Berry

Measuring economic success through levels of employment obscures the unsustainable and oppressive nature of the UK’s recovery Work has of course always been central to capitalist organisation, since the ability of capital to extract surplus value from labour is at the essential core of accumulation processes. In post-crisis UK, however, work has become not only integral to the function of … Continue reading

19 July 2016 by
Categories: Austerity, Economics, Employment, Europe and the EU, Rethinking Recovery, SPERI Comment, Sustainability | Tags: , , , , , , , , , , , , | Leave a comment