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Full-Text Articles in Law
Does Work Law Have A Future If The Labor Market Does Not?, Noah D. Zatz
Does Work Law Have A Future If The Labor Market Does Not?, Noah D. Zatz
Chicago-Kent Law Review
This Essay is based on the 37th Annual Kenneth M. Piper Lecture. It offers a new perspective on the much-discussed “future of work.” That discussion typically highlights changes within the labor market that undermine the employment relationship’s role as the bedrock for work regulation. But might something even deeper be afoot, namely the disintegration of “the labor market” itself? Several recent developments challenge the legal construction of employment as occurring wholly inside a distinctive, and distinctively economic, market sphere. This Essay considers Uber and the relationship between work and “sharing,” Hobby Lobby and the relationship between work and religion, the …
The Great Recession And The Pressure On Workplace Rights, Katherine S. Newman
The Great Recession And The Pressure On Workplace Rights, Katherine S. Newman
Chicago-Kent Law Review
This paper explores the impact of the Great Recession on the rights of workers in the U.S. and overseas. While secular trends in play before the economic downturn began had already eroded employment benefits and workers’ right, recent economic conditions have exacerbated conditions for workers. With the Great Recession have come record levels of long term unemployment, a rise in the number of involuntary part-time workers, and a growth in the already high rates of youth unemployment. All of these conditions, along with the decline of union representation, have placed downward pressure on wages and forced workers to give back …
Reforming The United States' Economic Model After The Failure Of Unfettered Financial Capitalism, Richard B. Freeman
Reforming The United States' Economic Model After The Failure Of Unfettered Financial Capitalism, Richard B. Freeman
Chicago-Kent Law Review
This Article is based on the 2009 Kenneth M. Piper Lecture at the Chicago-Kent College of Law. The 2008–2009 financial meltdown and ensuing economic developments have shown three things about modern capitalism: First, that unfettered financial markets remain the Achilles heel of capitalism with the capability of destroying economic stability and bringing misery to all. Second, that high-powered incentives paid to "talent" in finance are a fundamental cause of the excessive risk-taking, chicanery, and financial fraud that contributes to instability. Without a new compensation system that rewards banking and finance for contributing to sustainable economic progress rather than for economic …