Flexicurity capitalism
Subtitle: foundations, problems and perspectives
By: Peter Flaschel and Alfred Greiner
Contributors: Greiner, Alfred
Publisher: Oxford University Press
Published: 2011
Place of publication: New York
Language: eng
Number of pages: 226
ISBN-13: 9780199751587
Subjects: Labor policy; Job security; Social aspects; Manpower policy; Capitalism
Description: "An intense debate has played out in recent years regarding how to implement a so-called "flexicurity system"--A labor market reform that combines flexibility, particularly in the hiring and firing process of firms, with security in the employment and income of the workforce. In Flexicurity Capitalism, Flaschel and Greiner lay out the macroeconomic structure of this system, providing the detailed mathematical models necessary to ponder seriously how such a system can work. Their book rests on three pillars of thought: Marx, Kalecki-Keynes, and Schumpeter. The authors highlight the relevant contributions from the work of each and build upon it. They in turn provide a basic framework for flexicurity capitalism and then compare their economic system to pure capitalism to determine the best and most practical way forward. Their scope is ambitious: to address the shortcomings of a narrow focus on mass unemployment, selective-schooling systems, property rights based solely on ownership without qualified business decision-making expertise, financial markets that do not of channel savings properly into real investment, and innovations that ignore human rights or moral sentiments. Flaschel and Greiner's Flexicurity Capitalism provides serious discussion and feasible mathematical models necessary to consider moving in this direction."--Publisher's website.
Notes: Includes bibliographical references and index.