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  • This concise and readable book provides non-specialist readers with all the information they need to understand how capitalism works (and how it doesn’t). Economics for Everyone, now in its second edition, is an antidote to the abstract and ideological way that economics is normally taught and reported. Key concepts such as finance, competition and wages are explored, and their importance to everyday life is revealed. --Publisher's description

  • Challenging the Market offers insights from eighteen scholars and activists from around the world. Calling on a tremendous range of experience in different countries, different industries, and with different groups of workers, contributors argue that labour market policy should shift to a more interventionist and compassionate footing. For two decades economic and social policy in most of the world has been guided by the notion that economies function best when they are fully exposed to competitive market forces. In labour market policy, this approach is reflected in the widespread emphasis on "flexibility" - a euphemism for the retrenchment of income support and social security, the relaxation of labour market regulations, and the enhanced power of private actors to determine the terms of the employment relationship. These strategies have had marked effects on labour market outcomes, leading to greater vulnerability and polarization - and not always in ways that enhance worker-centred flexibility. The authors offer a more balanced analysis of the functioning and effects of labour market regulation and deregulation. By questioning the underpinnings of the "flexibility" paradigm, and revealing its often damaging impacts (on different countries, sectors, and constituencies), they challenge the conclusion that unregulated market forces produce optimal labour market outcomes. The authors conclude with several suggestions for how labour policy could be reformulated to promote both efficiency and equity. --Publisher's description

Last update from database: 4/4/25, 4:10 AM (UTC)

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