ONE CENTRAL argument of this book can be summarised by saying (pace Tolstoy) that, while all neoliberal employment systems are neoliberal in their own way, the main point is that they are all neoliberal. A second core argument is that, whatever labour movements seemed to have achieved in institution building during their decades of strength, economic changes eroding workers' positions in the labour market have seen employers eager to seize back all elements of their power that they had previously compromised. Third, by in this way marginalising trade unions and strong wage growth in the interests of profit, employers and governments in today's finan-cialised economies have undermined their own growth model. Instead, they are relying on unsustainable levels of household debt to maintain mass consumption.
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