Inequality and the Labor Market - The Case for Greater Competition (Paperback)

Exploring a new agenda to improve outcomes for American workers.As the United States continues to struggle with the impact of the devastating COVID-19 recession, policymakers have an opportunity to redress the competition problems in our labor markets. Making the right policy choices, however, requires a deep understanding of long-term, multidimensional problems. That will be solved only by looking to the failures and unrealized opportunities in anti-trust and labor law. For decades, competition in the U.S. labor market has declined, with the result that American workers have experienced slow wage growth and diminishing job quality. While sluggish productivity growth, rising globalization, and d union representation are traditionally cited as factors for this historic imbalance in economic power, weak competition in the labor market is increasingly being recognized as a factor as well. This book by noted experts frames the legal and economic consequences of this imbalance and presents a series of urgently needed reforms of both labor and anti-trust laws to improve outcomes for American workers. These include higher wages, safer workplaces, increased ability to report labor violations, greater mobility, more opportunities for workers to build power, and overall better labor protections. Labor Market Competition will interest anyone who cares about building a progressive economic agenda or who has a marked interest in labor policy. It also will appeal to anyone hoping to influence or anticipate the much-needed progressive agenda for the United States. The book's unusual scope provides prescriptions that, as Nobel Laureate Joseph Stiglitz notes in the introduction, map a path for rebalancing power, not just in our economy but in our democracy.

General

Imprint:	Brookings Institution Press
Country of origin:	United States
Release date:	April 2021
Editors:	Sharon Block • Benjamin H Harris
Dimensions:	229 x 152 x 23mm (L x W x T)
Format:	Paperback
Pages:	261
ISBN-13:	978-0-8157-3880-0
Categories:	Books > Business & Economics > Economics > General Books > Social sciences > Sociology, social studies > Social welfare & social services > General Books > Business & Economics > Business & management > Management of specific areas > Personnel & human resources management Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Competition law Books > Law > Laws of other jurisdictions & general law > Financial, taxation, commercial, industrial law > Employment & labour law Books > Business & Economics > Industry & industrial studies > Industrial relations & safety > Industrial relations > General Promotions
LSN:	0-8157-3880-3
Barcode:	9780815738800

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