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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1569 |
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It is argued that since the 1970s, in particular, nation-states and labor movements have ceased to be able to protect workers' rights in the face of mobile or "footloose" capital, which is free to move around the world in search of greater returns. With the triumph of the global market, workers are scripted as powerless and unable to defend their jobs, communities, and localities...
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With the triumph of the global market, workers are scripted as powerless and unable to defend their jobs, communities, and localities. These analysts argue that the industrial relations climate is one in which places, and those who live in them, are forced to compete for employment, ensuring that employment conditions and regulations are ratcheted down to the lowest common denominator (Beynon and Hudson 1993; Storper and Walker 1989; Burawoy 1985; Korten 1995)...
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