ABSTRACT

A central argument of this book is that neo-liberalism, globalization and the availability of technology have provided the political rationale in Anglo-American capitalist economies for organizations to drive through radical changes in business structures and employment practices which have resulted in a largely one-sided employment relationship, with the balance tipped in favour of the organization and investors, at the expense of employee interests. In society at large there are growing inequalities thanks to the huge income disparities between elite workers and those in precarious jobs, as well as those with no job at all. Surveys reveal half the population of the UK are experiencing income insecurity. As a result, Hutton (2010) argues, Britain in 2010 was more polarized than ten years earlier: the economic bubble had created both a new super-rich and a disenfranchised underclass.