1. Key Theories of Market Society
... the issues pertaining towards the labour market. Polanyi describes labour as being 'fictitious commodities' as they are production inputs but are however transformed into commodities (Polanyi;1994). The commodification of the labour market has led to some dramatic changes in employer attitudes and relationships towards its employees. The commodification has led to difficulties in family and social ... decline blue collar work employment but however marked in contradiction by a booming manufacturing sector (Rifkin; 1995). Due to this pervasive unfairness, the area is extremely impor...
- Word Count: 1246
- Approx Pages: 5
- Has Bibliography
- Grade Level: Graduate