Tag Archives: social democracy

Squaring the Circle: can insecure workers also be confident consumers? By Colin Crouch

January 8, 2015

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Putting_money_into_a_piggybank

A paradox that lies at the heart of capitalism is that economies need consumers to be confident spenders of money on the one hand, while on the other workers’ must accept insecurity and flexibility in their main supply of money: employment income.  Professor Colin Crouch considers the implications of this, and looks at the ways it might be resolved.

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