000			01539nam a22001577a 4500
999			_c531682 _d531682
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100			_aSalvati, Luigi and Tridico, Pasquale _957054
245			_aEconomic dynamics of financial capitalism: Labour market reforms, welfare state reduction, and the impact of technological changes
260			_aThe Indian Journal of Labour Economies
300			_a68(2), Apr-Jun, 2025: p.348-366
505			_u
520			_aThis article delves into the economic landscape of advanced countries in our current era, delineating the defining features and policies that shape it. Beginning with an examination of financial capitalism, we explore its close relationship with labour market reforms aimed at diminishing job security, weakening unions, and reducing workers' bargaining power. Moreover, we highlight the concurrent reduction of the welfare state's role, which, unless mitigated by addressing demand crises, poses challenges in financing workers' consumption. The intertwining dynamics of technological advancements are also scrutinised, with a focus on the associated risks and opportunities. Finally, we draw policy implications from these analyses, offering insights into navigating the complex economic terrain of the present era.- Reproduced https://link.springer.com/article/10.1007/s41027-024-00524-2
650			_aFinancial capitalism, Labour market reforms, Welfare state, Technological progress. _957055
773			_aThe Indian Journal of Labour Economies
942			_cAR