Review article
Debt and the future of workers: Financialization as exploitation in the 21st century
Ricardo Barradas (Barradas, R.);
Journal Title
Industrial Relations Journal
Year (definitive publication)
2026
Language
English
Country
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Abstract
'Debt and the Future of Workers: Financialization as Exploitation in the 21st Century' is a highly engaging book that examines how the process of financialisation has reshaped industrial relations in contemporary capitalist societies. In doing so, the book brings together insights from labour process theory, the political economy of financialisation, and industrial relations scholarship. Its central argument is that the financialisation of the economy and society is a complex process that has contributed to the degradation of working conditions, the erosion of labour rights, and the intensification of labour exploitation across advanced and emerging economies over the past five decades. According to the author, financialisation has also undermined the prospects for decent work in terms of pay, working conditions, working hours, occupational health and safety, and workers' voice across the globe since the 1970s.
Acknowledgements
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Keywords

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