Employment, social justice and societal well-being
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Organización Internacional del Trabajo (OIT)
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| Format: | Artículo científico |
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International Labour Organization
2002
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| _version_ | 1874525391653175302 |
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| author | Joseph E. Stiglitz |
| author_facet | Joseph E. Stiglitz Joseph E. Stiglitz |
| contents | Employment, social justice and societal well-being Joseph E. Stiglitz The purpose of economic activity is to increase the well-being of individuals, and employment is central to that well-being. Both propositions seem obvious. Yet economic policies often go against workers' interests. The explanation, Stiglitz argues, lies in the commodification of labour in neoclassical economics, compounded by pervasive market failures, the political under-representation of labour and widespread advocacy of "market-friendly" policies that assume efficiency issues can be addressed in isolation from equity and distributional issues. Governments - and, in a broader sense, the international community - have a key role to play in ensuring that development means more than the accumulation of capital. publication.journalArticle |
| format | Artículo científico |
| id | ilo_995218629602676 |
| institution | Organización Internacional del Trabajo (OIT) |
| publishDate | 2002 |
| publisher | International Labour Organization |
| spellingShingle | Employment, social justice and societal well-being Joseph E. Stiglitz Employment, social justice and societal well-being Joseph E. Stiglitz The purpose of economic activity is to increase the well-being of individuals, and employment is central to that well-being. Both propositions seem obvious. Yet economic policies often go against workers' interests. The explanation, Stiglitz argues, lies in the commodification of labour in neoclassical economics, compounded by pervasive market failures, the political under-representation of labour and widespread advocacy of "market-friendly" policies that assume efficiency issues can be addressed in isolation from equity and distributional issues. Governments - and, in a broader sense, the international community - have a key role to play in ensuring that development means more than the accumulation of capital. publication.journalArticle |
| title | Employment, social justice and societal well-being |
| url | https://researchrepository.ilo.org/esploro/outputs/journalArticle/Employment-social-justice-and-societal-well-being/995218629602676 |