About Steve Coulter

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So far Steve Coulter has created 68 entries.
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    The World(s) of work in Transition: Managing the ‘Megatrends’ impacting Labour Markets and Society

The World(s) of work in Transition: Managing the ‘Megatrends’ impacting Labour Markets and Society

Steve Coulter of the ETUI and LSE suggests that the four ‘megatrends’ of globalisation, digitalisation, climate change and demographic transition should be analysed together, not separately. That way, common solutions may be found. For example, technology is both a disruptor (of companies and jobs) and solution (to climate change and an ageing population). Managing change cannot be left to the […]

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    The Origins and Nature of Modern Day Populism: Labour Market Dualisation and Political Alienation

The Origins and Nature of Modern Day Populism: Labour Market Dualisation and Political Alienation

Dustin Voss of the London School of Economics investigates the politico-economic origins of populism in his latest LEQS working paper. Comparing Germany and Spain, he notes that populism as a distinct form of protest voting has its roots in perceived labour market inequalities and he argues that sustained flexibilisation and casualisation in low-wage sectors stokes political outrage. In order […]

This time is really different: back to robots and work

Bob Hancké of the LSE writes that Judy Wajcman of the LSE’s Sociology Department wrote a fascinating review of the debate (a big word for some of the books she mentions, but let’s not be too picky) on automation and work. She rightly alerts readers to the techno-optimism (and related social catastrophism) that dominates the debate. She raises a […]

The gap between wages and productivity

Bela Galgoczi of the European Trade Union Institute examines why wages and productivity – essential for a fair distribution of the spoils of economic growth – have increasingly decoupled from each other in many countries

The decoupling of wages from productivity – a widespread phenomenon with wage growth having been lagging behind productivity in the last decades – has not […]

We are all Ordo-liberals now

Bob Hancké of the LSE examines the history of a dangerous idea – Ordoliberalism, or the belief that balanced budgets produce growth

At what was probably the most unpropitious moment in recent economic history to make the claim, US President Richard Nixon declared that we ‘are all Keynesians now’. In his view, the key problem of macroeconomic management, namely how […]

Capitalism and socialism: Marx’s bicentenary

Bob Hancké of the LSE explains how Marx was capitalism’s greatest admirer as well as its sharpest critic

Imagine for a moment that Karl Marx had been born in 1806 instead of 1818. The 200th anniversary of his birth would have given rise to triumphant retrospectives in much of the right-wing press of the collapse of the Soviet system in 1989 […]

Is this time different? The social effects of automation

Bob Hancké of the LSE applauds a rare empirical study of the effects of automation on inequality

An interesting blog post here, with a link to a paper by David Hope (Kings College London) and Angelo Martelli (LSE). They examine the inequality effects of the ‘knowledge economy’. There are two important reasons why this is a very relvant piece of […]

Europe needs a pay rise and young Europeans need jobs

Steve Coulter of the European Trade Union Institute cautions that improving growth figures in the European Union mask widening regional disparities in GDP per head and real wages, while many of the jobs that have been created are part time and/or precarious. Action to sustain the modest recovery and share out its spoils should go beyond sustaining demand – […]

Social Partnership in Europe in the face of the future

Steve Coulter of the LSE examines the state of workplace cooperation in Europe and finds some cracks, as well as some shards of light, in the edifice of social partnership

Social partnership – or institutionalised co-operation between business and labour, sometimes overseen by governments – has been a feature of most European economies since the Second World War. Many informed […]

The Politics of Universal Basic Income (UBI)

Tim Vlandas of Reading University examines potential political support for a Universal Basic Income (UBI) – an idea with a long lineage that cuts across ideological lines. He concludes that a UBI could potentially find backing from a coalition between centrist and left-leaning individuals, ideally with additional support from trade unions

Universal Basic Income (UBI) has a long history. The idea […]