The Employment Dilemma and the Future of Work
Orio Giarini and Patrick M. Liedtke
Report to the Club of Rome
 ISBN: 978-2-9700339-2-5 164 pages |
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Modern societies are trying to develop concepts that allow them to protect their citizens and at the same time stay competitive in the globalized markets. The approach of the new welfare state is no longer to arrange for full coverage of (ideally) all risks but to replace the existing extraordinarily expensive systems with more targeted and efficient approaches. They achieve this through requiring people to assume more risks individually and to organise their adequate protection themselves. This is the so-called “risk shift from public to private”, a concept the authors have been developing for a number of years. Unfortunately, usually as a consequence of halfhearted or partial reforms, this has often led to an erosion of the protective systems rather than their real modernization. Genuine protection mechanisms, like insurance, provide cover for those risks that somebody cannot (or does not want to) bear. Today’s social security systems do anything but that, often protecting people against risks that they need no (or different) protection for, while excluding others. The authors propose several possible solutions. |
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Content 1. We are what we produce - the value of work and activity 1.1. The human capital 1.2. The value of work 2. Economic theory and work 2.1. Adam Smith's "Wealth of Nations", David Ricardo and John Stuart Mill 2.2.Karl Marx's "Das Kapital" 2.3. John Maynard Keynes' "The General Theory of Employment, Interest and Money" 2.4. Neoclassical economics: supply or demand 2.5. The dismissing of determinism 2.6. The role of "demand" 2.7. Science and technology: achievements, myths, dreams and superstitions 3. Productive work in the Industrial Revolution System 3.1. A brief historical analysis 3.2. Working population and employment (paid) in the Industrial Revolution system 3.3. The problem and treatment of unemployed (of paid work) 4. Productive work and activities in the new context of Service Economy 4.1. Producing value and developing the wealth of nations 4.2. lntegrating the monetarised and non-monetarised activities 4.3. Recognising the economic value of non-monetarised activities 4.4. The transformation of the service sector 4.5. Work and the environment 4.6. The need of a basic income 4.7. Preserving the value of non-monetarised activities in developing countries 4.8. The situation of economies in transition 4.9. Employment in the global economy, trade and investment 4.10. Developing non-monetarised activities in the overall economy 4.11. Work as an element of personality 4.12. Part-time work and flexible working times 4.13. Work in the life-cycle from 18 to 78 4.14. A multi-layer system of work 5. Basic suggestions for government policies and for social development 5.1. Developing an economic environment for a dynamic private initiative development in the key second layer employment strategy 5.2. Enhancing the value of non-monetarised work 5.3. Possibilities to develop a basic first layerpart-time work for all the able population |
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