Re-Inventing Unemployment: Welfare Reform as Labour Market Regulation
Melbourne Law School
University of Melbourne Legal Studies Research Paper No. 137
Centre for Employment and Labour Relations Law Working Paper No. 36
One of the many peculiarities of labour as a commodity is that, unlike many commodities, it is not in fact produced for sale. The supply-side of the labour market operates relatively autonomously from the specific requirements and demands of the labour market, and the reproduction of labour proceeds unrelated to calculations about its subsequent saleability on the market. A key regulatory problem, then, in constituting a market for labour, is securing a supply of labour-as-commodity in the first instance.
Number of Pages in PDF File: 28
Keywords: labour market, reform, commodity, regulatory, employment, unemployment
JEL Classification: I30, J21, J23, K00, K31
Date posted: January 25, 2006
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