LABR 1F90 Lecture Notes - Lecture 6: Rand Formula
7 Jan 2016
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Document Summary
The benefits and costs of the postwar compromise. The end of the long boom, the rise of the public sector and renewed labour militancy, 1965-1975. The advent of neoliberalism and the struggle over free trade,1984-1993. The great recession and its aftermath: crisis and austerity, 2007 to today. Union density more than doubled between 1939 and 1944 (percent of non agricultural workforce in unions) Workers became more militant during the war and went on strike at an unprecedented rate. The level of labour militancy convinced employers and the state to make concessions to unions in exchange for a new class compromise to promote labour relations peace. This became known as the post-war compromise and it ushered in a period know as the keynesian golden. In this period, we see the rise of the welfare state and mass expansion of unionization to new segments of the working class.
