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The Foundation for Law, Justice and Society (FLJS) is an independent not-for-profit institution that aims to promote an understanding of the role of law in society. We identify and analyse issues of contemporary interest and importance, disseminating the insights of decision-makers and experts to a global audience through our extensive online resource of free-to-download Policy Briefings, Opinion Pieces, and multimedia podcasts.
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Renewing the Social Contract for Work in Anglo-Saxon Economies
This policy brief argues that the traditional social contract has fragmented, unable to stand firm in the face of multiple centrifugal pressures. It suggests that labour markets now operate in the absence of an overarching institutional structure that satisfactorily balances employee demands for decent work with employer demands for organizational efficiency and flexibility.
Structural change and the search for greater labour market flexibility are identified as the two culprits for the disorganization of modern labour markets. The argument made here is that it is time to move beyond recriminations of labour market flexibility programmes so that more attention can be devoted to renewing the social contract for work in a manner that allows decentralized labour markets to operate in a socially responsible manner.