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In his seminal 1943 paper on the political business cycle, Michal Kalecki (1971) argued that industrial leaders feared full employment because the economic insecurity created by unemployment was necessary to keep wages low and maintain work intensity and discipline on the shop floor. On the...
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"This authoritative Encyclopedia provides a comprehensive overview of central concepts in labour studies, and how they … can be used to analyse labour markets. Examining regional and sectoral labour markets alongside the internal labour … markets of firms, it clearly lays out the current state of social scientific knowledge on labour. Combining theoretical and …
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