The Labour Market Myth

Hardback

The Labour Market Myth

How the Market Metaphor Hinders our Understanding of Work

9781035334445 Edward Elgar Publishing
Paul de Beer, Professor of Industrial Relations, AIAS-HSI, University of Amsterdam, the Netherlands
Publication Date: August 2024 ISBN: 978 1 03533 444 5 Extent: c 160 pp
In this incisive book, Paul de Beer interrogates the concept of the labour market and its theoretical shortcomings in treating labour as a commodity. He argues that to offer people a real chance of a satisfactory work life, the idea of the labour market must be replaced with a focus on long-term employment relationships.

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In this incisive book, Paul de Beer interrogates the concept of the labour market and its theoretical shortcomings in treating labour as a commodity. He argues that to offer people a real chance of a satisfactory work life, the idea of the labour market must be replaced with a focus on long-term employment relationships.

The Labour Market Myth thoroughly critiques the standard economic approach to employment markets, highlighting how it fails to explain the most pressing problems regarding work and income. Presenting empirical data on diverse aspects of work across a range of affluent countries, De Beer explores issues such as wage differences, long-term unemployment, discrimination against particular groups and a misplaced emphasis on short-term flexibility and mobility. Ultimately, De Beer advocates for an understanding of employment built upon concepts of intrinsic motivation, cooperation, stability and long-term relationships, rather than financial incentives and competition.

Combining insights from across the social sciences, The Labour Market Myth is a fascinating read for postgraduate students and scholars of labour economics and policy, as well as the sociology of work. It also offers fresh perspectives for those involved in labour relations, such as policy advisors, civil servants, and trade union officials.
Critical Acclaim
‘Despite its ubiquity as a metaphor, the notion of labor markets is ill-equipped to explain important features of work in modern society. Instead, this compelling book invites us to view work and its outcomes through a more realistic lens, as embedded in institutional and cultural contexts.’
– Arne L. Kalleberg, University of North Carolina at Chapel Hill, US
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