Umney, C, Greer, I, Onaran, Ö et al. (1 more author) (2018) The state and class discipline: European labour market policy after the financial crisis. Capital and Class, 42 (2). pp. 333-351. ISSN 0309-8168
Abstract
This article looks at two related labour market policies that have persisted and even proliferated across Europe both before and after the financial crisis: wage restraint and punitive workfare programmes. It asks why these policies, despite their weak empirical records, have been so durable. Moving beyond comparative-institutionalist explanations which emphasise institutional stickiness, it draws on Marxist and Kaleckian ideas around the concept of ‘class discipline’. It argues that under financialisation, the need for states to implement policies that discipline the working class is intensified, even if these policies do little to enable (and may even counteract) future stability. Wage restraint and punitive active labour market policies are two examples of such measures. Moreover, this disciplinary impetus has subverted and marginalised regulatory labour market institutions, rather than being embedded within them.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © 2017, The Author(s). This is an author produced version of a paper published in Capital and Class. Reprinted by permission of SAGE Publications. |
Keywords: | active labour market policies; financialisation; Marxism; policy systems; wage restraint; workfare |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Work and Employment Relation Division (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 06 Jul 2017 10:17 |
Last Modified: | 16 Jul 2018 12:49 |
Status: | Published |
Publisher: | SAGE Publications |
Identification Number: | 10.1177/0309816817738318 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:118689 |