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The labour market myth: how the market metaphor hinders our understanding of work

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de Beer, Paul

Edward Elgar - Cheltenham

2024

145 p.

labour market ; employment ; wage policy ; work ; labour relations

Labour market

English

Bibliogr.;Index

978-1035334445

13.01.2-68881

"In this incisive book, Paul de Beer interrogates the concept of the labour market and its theoretical shortcomings in treating labour as a commodity. He argues that to offer people a real chance of a satisfactory work life, the idea of the labour market must be replaced with a focus on long-term employment relationships.
The Labour Market Myth thoroughly critiques the standard economic approach to employment markets, highlighting how it fails to explain the most pressing problems regarding work and income. Presenting empirical data on diverse aspects of work across a range of affluent countries, De Beer explores issues such as wage differences, long-term unemployment, discrimination against particular groups, and a misplaced emphasis on short-term flexibility and mobility. Ultimately, De Beer advocates for an understanding of employment built upon concepts of intrinsic motivation, cooperation, stability, and long-term relationships, rather than financial incentives and competition."

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