Capitalism, labour relations, and institutions

Political economy approaches provide a useful perspective for placing capitalism in a historical and institutional context and tracing its consequences for workers. Recognising the centrality of the labour process and the relative positioning of workers in the system are fundamental steps in informing our perspective on contemporary capitalism. What forms of work organisation are predominant in the current period and why? What control systems are employed to manage capital-labour conflicts and how are they facilitated? What is the relative power of workers and capitalists? What best accounts for the decline in wage share of workers?

A selection of papers indicative of our ongoing work in the area:

  • Murphy, Fidelma, and McDonough, Terrence (2011), The spatial restructuring of work and Maquiladoras of the automotive industry. Cambridge Journal of Regions, Economy and Society
  • Stockhammer, Engelbert (2009), Determinants of functional income distribution in OECD countries. IMK Studies, Nr. 5/2009. Düsseldorf
  • Onaran, Ö and Stockhammer, Engelbert (2008), The effect of FDI and foreign trade on wages in the Central and Eastern European Countries in the post-transition era: A sectoral analysis. Structural Change and Economic Dynamics. 19 (1), 66-80
  • Butler, T, Hamnett, C, and Ramsden, M (2008), Inward and Upwards? Marking out social class change in London 1981-2001, Urban Studies, 45(1), pp.67-88
  • Butler, T, Hamnett, C, Ramsden, M, and Mir, S (2008), Socio Demographic impacts of change in East London, in Cohen, P, and Rustin, M (eds.) London's Turning London, Ashgate
Photograph of a torn Euro banknote