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Routledge Full Employment in a Free Society - Routledge Edition

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Description

Explore the foundational economic theories of William H. Beveridge in this essential report. This work examines the concept of full employment, which Beveridge defines as a state where vacant jobs slightly exceed the available workforce, specifically not more than 3% of the total workforce. The text presents a compelling thesis regarding the role of the state in managing the economy. It argues that because individual employers lack the capacity to create full employment on their own, the responsibility must lie with the state. This volume provides deep insight into the economic mechanisms required to balance labor needs and productivity. Readers will learn about Beveridge's strategies for managing wage pressures. He suggests that rising productivity and a system of wage arbitration can help manage the increased bargaining strength of labor. This book is a significant resource for those studying the history of social sciences, economics, and the evolution of state responsibility in a free society.

Key Features

Detailed analysis of the Beveridge definition of full employment, focusing on the 3% workforce threshold.

Explores the economic thesis that the state must take responsibility for employment since individual employers cannot do so alone.

Discusses methods for managing wage pressure through increased productivity and formal wage arbitration systems.

Provides historical context on the relationship between labor bargaining strength and economic stability.

A key text for students and professionals interested in anthropology, sociology, and social sciences.

Product Specifications

Format
hardcover
Domain
Amazon UK
Release Date
03 December 2014
Listed Since
21 June 2014

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