The conventional employment policy focus on creating 'more work' has come at the expense of another, far more radical policy goal, that of creating ‘less work’.
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The vilification of the “lazy and undeserving poor” has persisted from the beginning of mercantilism and remains a barrier to the formulation of better policy and the creation of a better society.
The much-publicised and much-criticised rise of zero-hours contracts raises wider questions about the quality of work life in Britain.
We need to go beyond neoclassical economic theory in order to understand the problem of underemployment.
The recent finding that we work simply for money and that work makes us “unhappy” may be headline-grabbing, but it does not speak to the role that work can and ought to play in human life.
Arguing that falling real wages explains the productivity 'puzzle' of rising employment with sluggish output and falling labour productivity, raises several problems, says David Spencer.
David Spencer argues worsening labour conditions are a symptom of the financialisation of capitalism.
David Spencer, Professor of Economics and Political Economy at Leeds University Business School, discusses the state of mainstream economics and how heterodox economists can get their voices heard.
It's possible that a society of educated people is likely to be more cultured and scientific-minded than one of non-graduates, and this should have positive externalities in the form of better political discourse and higher culture. There is, however, little evidence of this in practice.
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