Tag Archives for wage theft

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

Rethinking Recovery: Recovery for whom?

Genevieve LeBaron

Corporate profits are soaring, but so is labour exploitation. Who is the ‘recovery’ really benefiting? Has the labour market ‘recovered’ since the 2008-09 financial crisis? The answer to this question depends on whom you ask. The labour market is a central part of the UK’s ‘economic recovery’ narrative advanced by political and economic elites. In his address on June 27th … Continue reading

4 July 2016 by
Categories: Employment, Rethinking Recovery, SPERI Comment | Tags: , , , , , , , , , , , , , | Leave a comment