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Chapter 3 - Jobs, Work and Fairness in the Wake of Labour Market Reform

Published online by Cambridge University Press:  22 September 2009

Michael Pusey
Affiliation:
University of New South Wales, Sydney
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Summary

The number of workers in search of employment is not the result of calculations about the ‘saleability’ of available labour power in the market; there is no supply function of labour power that could be determined on the basis of the utility calculations of workers alone; workers do not have the option not to sell their labour power, and neither do they have the option of living on an income that results from a market-clearing price.

Claus Offe

Over the last twenty years economic reform has brought two transforming changes to jobs and working life in Australia. Besides the fact that the process is everywhere driven by corporations, one aspect of this transformation is common to other nations that have taken a similar course, while the other is much less so.

The aspect that we share with other similar, would-be ‘advanced’, First World economies sits comfortably enough under the rubric of ‘globalisation’. In this respect economic reform means, everywhere, a top-down process of ‘structural reform’ that is aimed at maximising economic efficiency and productivity. The criteria for what counts as economic efficiency are as clear as they are partial.

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The Experience of Middle Australia
The Dark Side of Economic Reform
, pp. 47 - 75
Publisher: Cambridge University Press
Print publication year: 2003

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