Renewing the social contract for work in Anglo-Saxon economies

<p>This policy brief argues that the traditional social contract has fragmented, unable to stand firm in the face of multiple centrifugal pressures. It suggests that labour markets now operate in the absence of an overarching institutional structure that satisfactorily balances employee demand...

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Bibliographic Details
Main Authors: Grahl, J, Teague, P
Other Authors: The Centre for Socio-Legal Studies
Format: Report
Language:English
Published: Foundation for Law, Justice and Society 2009
Subjects:
Description
Summary:<p>This policy brief argues that the traditional social contract has fragmented, unable to stand firm in the face of multiple centrifugal pressures. It suggests that labour markets now operate in the absence of an overarching institutional structure that satisfactorily balances employee demands for decent work with employer demands for organizational efficiency and flexibility.</p> <p>Structural change and the search for greater labour market flexibility are identified as the two culprits for the disorganization of modern labour markets. The argument made here is that it is time to move beyond recriminations of labour market flexibility programmes so that more attention can be devoted to renewing the social contract for work in a manner that allows decentralized labour markets to operate in a socially responsible manner.</p>