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Wages linked to performance lead to increased inequality

Wage inequality is on the rise, pushed by technological change, globalisation and trade, and institutional deregulation. It is a problem of fairness. But inequality itself also has negative effects on the economy as a whole. Increasingly, this inequality can be traced back to companies and pay setting. Companies increasingly differ in their productivity and revenue. […]

A new internationalism on the terms of labour

If progressive European political parties are to achieve both relevance and electoral success, a paradigm shift is required: away from Social Democracy’s attachment to financialised globalisation. If they aim to defeat nationalism, and to end the cycle of debt inflations and deflations on one side and trade wars on the other, it is not only […]