Pub Date : 2021-06-10DOI: 10.1177/10353046211015710
V. Padayachee
This extended Review Article assesses the changing role of the corporation in history, using the 2018 book by Oxford scholar Colin Mayer entitled ‘Prosperity’ as a basis for the analysis. This is a...
{"title":"Corporations and society","authors":"V. Padayachee","doi":"10.1177/10353046211015710","DOIUrl":"https://doi.org/10.1177/10353046211015710","url":null,"abstract":"This extended Review Article assesses the changing role of the corporation in history, using the 2018 book by Oxford scholar Colin Mayer entitled ‘Prosperity’ as a basis for the analysis. This is a...","PeriodicalId":51718,"journal":{"name":"Economic and Labour Relations Review","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2021-06-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/10353046211015710","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"42878388","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2015-12-01DOI: 10.1177/1035304615617718
Tim Di Muzio
On the heels of the global financial crisis, many on the left of the political spectrum anticipated the end of neoliberalism. The financial and economic crisis—global in scope—had supposedly discredited over two decades of neoliberal rule. The massive state interventions required to curtail the worst vagaries of the crisis demonstrated to everyone paying even the remotest attention that deregulated markets are unstable, that bankers cannot be trusted with increasing the money supply and that government intervention could help steer the economy in a more positive direction should politicians be willing. Moreover, the aftermath of the crisis spawned the worldwide Occupy movement, with The Guardian recording at least 750 Occupy events across the world. These protests drew ever greater attention to the fact that neoliberal policies have been an abject failure for the non-owning classes of the world. However, at the same time, the policies in question have been highly profitable for dominant owners around the world—what Occupy called the 1%. This may be one of the major reasons why neoliberal policies continue to be pursued despite their consequences for popular social forces.
{"title":"Book review: Damien Cahill, The End of Laissez-Faire? On the Durability of Embedded Neoliberalism","authors":"Tim Di Muzio","doi":"10.1177/1035304615617718","DOIUrl":"https://doi.org/10.1177/1035304615617718","url":null,"abstract":"On the heels of the global financial crisis, many on the left of the political spectrum anticipated the end of neoliberalism. The financial and economic crisis—global in scope—had supposedly discredited over two decades of neoliberal rule. The massive state interventions required to curtail the worst vagaries of the crisis demonstrated to everyone paying even the remotest attention that deregulated markets are unstable, that bankers cannot be trusted with increasing the money supply and that government intervention could help steer the economy in a more positive direction should politicians be willing. Moreover, the aftermath of the crisis spawned the worldwide Occupy movement, with The Guardian recording at least 750 Occupy events across the world. These protests drew ever greater attention to the fact that neoliberal policies have been an abject failure for the non-owning classes of the world. However, at the same time, the policies in question have been highly profitable for dominant owners around the world—what Occupy called the 1%. This may be one of the major reasons why neoliberal policies continue to be pursued despite their consequences for popular social forces.","PeriodicalId":51718,"journal":{"name":"Economic and Labour Relations Review","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2015-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/1035304615617718","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"65853269","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2015-06-01DOI: 10.1177/1035304615585915
Yelda Yücel
This study addresses the effectiveness of the fiscal stimulus package announced by the Turkish government in 2009 in terms of its particular gendered outcomes, with a special emphasis on employment policies. Through an analysis of the package’s components and the policies of the Public Employment Agency of Turkey (Iskur), this article demonstrates the public sector’s reluctance to take a leading role in generating employment and the insufficiency of its efforts in addressing the stated goal of increasing women’s employment. Active and passive employment policies in Turkey are instead shown to be accommodating the country’s gender-segregated labour markets and discrimination against women.
{"title":"Response to the crisis and gender segregation in Turkey’s labour market","authors":"Yelda Yücel","doi":"10.1177/1035304615585915","DOIUrl":"https://doi.org/10.1177/1035304615585915","url":null,"abstract":"This study addresses the effectiveness of the fiscal stimulus package announced by the Turkish government in 2009 in terms of its particular gendered outcomes, with a special emphasis on employment policies. Through an analysis of the package’s components and the policies of the Public Employment Agency of Turkey (Iskur), this article demonstrates the public sector’s reluctance to take a leading role in generating employment and the insufficiency of its efforts in addressing the stated goal of increasing women’s employment. Active and passive employment policies in Turkey are instead shown to be accommodating the country’s gender-segregated labour markets and discrimination against women.","PeriodicalId":51718,"journal":{"name":"Economic and Labour Relations Review","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2015-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/1035304615585915","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"65853723","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2015-06-01DOI: 10.1177/1035304615571481
Renee Prendergast
preference has increased. Whether such an approach will be effective in increasing spending as an alternative to holding money though is a serious question given Keynes’ (1936) analysis in the General Theory that significant uncertainty negates the animal spirits of entrepreneurs and reduces their willingness to spend even in the face of low interest rates (p. 164). Pixley and Harcourt’s book thus addresses an important but challenging set of issues. In the light of the Global Financial Crisis, there have been numerous calls from a range of quarters for research which draws upon multiple perspectives to examine what went wrong with financial markets and their oversight in the early 2000s. But as Orlean points out, genuinely interdisciplinary work is extremely difficult to undertake in modern universities, and there seems little prospect that this is changing if the recent demotion of historically related economics journals in the Australian Business Deans’ Council journal list is any indication. This makes the project of the book all the more important, and this is why it should be read and further work aimed at extending its analysis undertaken.
偏好增加了。凯恩斯(1936)在《通论》中分析说，显著的不确定性否定了企业家的动物精神，甚至在低利率的情况下也降低了他们的消费意愿，因此这种方法是否能有效地增加支出，而不是持有货币，这是一个严肃的问题(第164页)。因此，Pixley和Harcourt的书解决了一系列重要但具有挑战性的问题。在全球金融危机的背景下，各界人士纷纷呼吁进行研究，从多个角度审视21世纪初金融市场及其监管出了什么问题。但正如奥尔林所指出的，在现代大学里，真正的跨学科研究是极其困难的，而且，如果最近与历史相关的经济学期刊在澳大利亚商学院院长委员会(Australian Business Deans’Council)期刊榜单上的排名下降是一种迹象的话，这种情况似乎没有什么改变的希望。这使得这本书的项目更加重要，这就是为什么应该阅读它，并进一步开展旨在扩展其分析的工作。
{"title":"Book review: GC Harcourt and Peter Kriesler (eds), The Oxford Handbook of Post-Keynesian Economics","authors":"Renee Prendergast","doi":"10.1177/1035304615571481","DOIUrl":"https://doi.org/10.1177/1035304615571481","url":null,"abstract":"preference has increased. Whether such an approach will be effective in increasing spending as an alternative to holding money though is a serious question given Keynes’ (1936) analysis in the General Theory that significant uncertainty negates the animal spirits of entrepreneurs and reduces their willingness to spend even in the face of low interest rates (p. 164). Pixley and Harcourt’s book thus addresses an important but challenging set of issues. In the light of the Global Financial Crisis, there have been numerous calls from a range of quarters for research which draws upon multiple perspectives to examine what went wrong with financial markets and their oversight in the early 2000s. But as Orlean points out, genuinely interdisciplinary work is extremely difficult to undertake in modern universities, and there seems little prospect that this is changing if the recent demotion of historically related economics journals in the Australian Business Deans’ Council journal list is any indication. This makes the project of the book all the more important, and this is why it should be read and further work aimed at extending its analysis undertaken.","PeriodicalId":51718,"journal":{"name":"Economic and Labour Relations Review","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2015-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/1035304615571481","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"65853678","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2015-03-01DOI: 10.1177/1035304615570806
Andrea La Nauze
This article reports a research finding that lesbians in Australia earn an unexplained wage premium of 0%–13%, whereas gay men experience an unexplained negative wage gap of 8%–18%. Based on data from the Australian household panel Household Income and Labour Dynamics in Australia, the article is the first to establish these gaps in Australia, and to examine the degree to which credence can be afforded to claims that endowments such as personality traits may help explain such wage differentials. Using ordinary least squares and Blinder–Oaxaca decomposition methods, the study explicitly includes the battery of Big Five personality traits in wage regressions and estimates the contribution of endowments and returns to these traits. The finding is that personality traits and returns to them do not differ along lines of sexual orientation. Gay men in particular suffer a substantial unexplained wage penalty in the workplace. Such unexplained differences suggest that discrimination on the basis of sexual orientation, though unlawful, may exist in Australia.
{"title":"Sexual orientation–based wage gaps in Australia: The potential role of discrimination and personality","authors":"Andrea La Nauze","doi":"10.1177/1035304615570806","DOIUrl":"https://doi.org/10.1177/1035304615570806","url":null,"abstract":"This article reports a research finding that lesbians in Australia earn an unexplained wage premium of 0%–13%, whereas gay men experience an unexplained negative wage gap of 8%–18%. Based on data from the Australian household panel Household Income and Labour Dynamics in Australia, the article is the first to establish these gaps in Australia, and to examine the degree to which credence can be afforded to claims that endowments such as personality traits may help explain such wage differentials. Using ordinary least squares and Blinder–Oaxaca decomposition methods, the study explicitly includes the battery of Big Five personality traits in wage regressions and estimates the contribution of endowments and returns to these traits. The finding is that personality traits and returns to them do not differ along lines of sexual orientation. Gay men in particular suffer a substantial unexplained wage penalty in the workplace. Such unexplained differences suggest that discrimination on the basis of sexual orientation, though unlawful, may exist in Australia.","PeriodicalId":51718,"journal":{"name":"Economic and Labour Relations Review","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2015-03-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/1035304615570806","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"65853667","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2013-06-01DOI: 10.1177/1035304613481168
Frederic S. Lee
Review(s) of: The micro foundations delusion: Metaphor and dogma in the history of macroeconomics, by John E King, Edward Elgar, Cheltenham, 2012, 293 pp., 9781849803175, US$12000 (hbk).
{"title":"Book Review: John E King, The Microfoundations Delusion: Metaphor and Dogma in the History of Macroeconomics","authors":"Frederic S. Lee","doi":"10.1177/1035304613481168","DOIUrl":"https://doi.org/10.1177/1035304613481168","url":null,"abstract":"Review(s) of: The micro foundations delusion: Metaphor and dogma in the history of macroeconomics, by John E King, Edward Elgar, Cheltenham, 2012, 293 pp., 9781849803175, US$12000 (hbk).","PeriodicalId":51718,"journal":{"name":"Economic and Labour Relations Review","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2013-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/1035304613481168","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"65853623","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2012-11-01DOI: 10.1177/103530461202300408
N. Hart
In recent years, Alfred Marshall’s reflections on industrial organization have attracted renewed attention, first in the booming literature on the industrial district and then as anticipations of the competence theory of the firm. Firms are no longer seen as devices aimed to economize transaction costs but as organisms that grow and thrive, thanks to their core competencies. This attitude has fostered a revival of interest in Marshall’s theory of industrial organization which now proves itself to be of long-lasting relevance. (p. xv)
{"title":"Refereed Review Article","authors":"N. Hart","doi":"10.1177/103530461202300408","DOIUrl":"https://doi.org/10.1177/103530461202300408","url":null,"abstract":"In recent years, Alfred Marshall’s reflections on industrial organization have attracted renewed attention, first in the booming literature on the industrial district and then as anticipations of the competence theory of the firm. Firms are no longer seen as devices aimed to economize transaction costs but as organisms that grow and thrive, thanks to their core competencies. This attitude has fostered a revival of interest in Marshall’s theory of industrial organization which now proves itself to be of long-lasting relevance. (p. xv)","PeriodicalId":51718,"journal":{"name":"Economic and Labour Relations Review","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2012-11-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/103530461202300408","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"65853539","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2012-02-01DOI: 10.1177/103530461202300112
B. Lucarelli
In this concise, well-written volume, Professor Sardoni sets out to ‘provide a critical examination of the foundations of macroeconomics as developed in the tradition of Marx, Keynes and Kalecki’ (ix). In this regard, the author succeeds quite admirably. Despite the rather profound divergences in methodological approaches among Marx, Keynes and Kalecki, Sardoni argues that there is a common lineage linking these authors in relation to their respective analyses of the problems of unemployment, investment and effective demand. Sardoni argues that Kalecki’s contribution to the theory of effective demand is quite seminal and represents a possible ‘bridge’ between the Marxian and Keynesian traditions. Furthermore, he contends that Kalecki’s theory also resolves some of the analytical problems which continue to plague both Marx and Keynes. In Sardoni’s view, Keynes’s original hypothesis in The General Theory provides an analytical explanation of under-employment equilibrium in which the economy operates at an equilibrium level of output which does not necessarily correspond with full employment. Keynes argues that, contrary to ‘classical’ theory, there are no automatic mechanisms that will ensure that the economy tends toward full employment. In other words, the economy could experience long periods of excess productive capacity and under-employment. On the other hand, Marx’s analytical framework provides a coherent explanation of recurrent capitalist crises but is unable to explain prolonged periods of under-employment equilibrium. Sardoni contends that both Marx and Keynes encounter considerable problems in their respective micro-foundations in explaining the continued existence of under-employment. These micro-foundations assume considerable market perturbations and a competitive market structure. Sardoni argues that, by abandoning the assumption of free competition and adopting a theory of imperfect competition based upon a ‘profit mark-up’ approach and the ‘degree of monopoly’, Kalecki provides a more coherent set of micro-foundations in analysing the macroeconomic problems of unemployment and effective demand. Consequently, the problem of market forms acquires a critical importance for how the macro-economy behaves in relation to the problem of effective demand:
{"title":"Book Review: Unemployment, Recession and Effective Demand","authors":"B. Lucarelli","doi":"10.1177/103530461202300112","DOIUrl":"https://doi.org/10.1177/103530461202300112","url":null,"abstract":"In this concise, well-written volume, Professor Sardoni sets out to ‘provide a critical examination of the foundations of macroeconomics as developed in the tradition of Marx, Keynes and Kalecki’ (ix). In this regard, the author succeeds quite admirably. Despite the rather profound divergences in methodological approaches among Marx, Keynes and Kalecki, Sardoni argues that there is a common lineage linking these authors in relation to their respective analyses of the problems of unemployment, investment and effective demand. Sardoni argues that Kalecki’s contribution to the theory of effective demand is quite seminal and represents a possible ‘bridge’ between the Marxian and Keynesian traditions. Furthermore, he contends that Kalecki’s theory also resolves some of the analytical problems which continue to plague both Marx and Keynes. In Sardoni’s view, Keynes’s original hypothesis in The General Theory provides an analytical explanation of under-employment equilibrium in which the economy operates at an equilibrium level of output which does not necessarily correspond with full employment. Keynes argues that, contrary to ‘classical’ theory, there are no automatic mechanisms that will ensure that the economy tends toward full employment. In other words, the economy could experience long periods of excess productive capacity and under-employment. On the other hand, Marx’s analytical framework provides a coherent explanation of recurrent capitalist crises but is unable to explain prolonged periods of under-employment equilibrium. Sardoni contends that both Marx and Keynes encounter considerable problems in their respective micro-foundations in explaining the continued existence of under-employment. These micro-foundations assume considerable market perturbations and a competitive market structure. Sardoni argues that, by abandoning the assumption of free competition and adopting a theory of imperfect competition based upon a ‘profit mark-up’ approach and the ‘degree of monopoly’, Kalecki provides a more coherent set of micro-foundations in analysing the macroeconomic problems of unemployment and effective demand. Consequently, the problem of market forms acquires a critical importance for how the macro-economy behaves in relation to the problem of effective demand:","PeriodicalId":51718,"journal":{"name":"Economic and Labour Relations Review","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2012-02-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/103530461202300112","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"65853530","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2010-12-01DOI: 10.1177/103530461002100210
D. Plowman
Review(s) of: Remaking Australian Industrial Relations, Edited by Joellen Riley and Peter Sheldon, CCH, Sydney, 2008.
{"title":"Book Review: Remaking Australian Industrial Relations","authors":"D. Plowman","doi":"10.1177/103530461002100210","DOIUrl":"https://doi.org/10.1177/103530461002100210","url":null,"abstract":"Review(s) of: Remaking Australian Industrial Relations, Edited by Joellen Riley and Peter Sheldon, CCH, Sydney, 2008.","PeriodicalId":51718,"journal":{"name":"Economic and Labour Relations Review","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2010-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/103530461002100210","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"65853526","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2010-07-01DOI: 10.1177/103530461002000210
P. Toner
Review(s) of: Vocational Training. International Perspectives, by (eds) Gerhard Bosch and Jean Charest, Routledge, New York and UK, pp. 308. ISBN 978-0-415-46721-6 $US148. Includes references.
{"title":"Book Review: Vocational Training. International Perspectives","authors":"P. Toner","doi":"10.1177/103530461002000210","DOIUrl":"https://doi.org/10.1177/103530461002000210","url":null,"abstract":"Review(s) of: Vocational Training. International Perspectives, by (eds) Gerhard Bosch and Jean Charest, Routledge, New York and UK, pp. 308. ISBN 978-0-415-46721-6 $US148. Includes references.","PeriodicalId":51718,"journal":{"name":"Economic and Labour Relations Review","volume":null,"pages":null},"PeriodicalIF":2.5,"publicationDate":"2010-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1177/103530461002000210","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"65853520","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：