Labour Relations

ECOP: How has labour trade deregulation contributed to Australias productivity developing?


Synopsis:
Labour market deregulation, rooted in mid-eighties labour govt reform and policies of managed decentralism, has been institutionalised within the current sparing climate as a key part of the Howard brass neo-liberal market agenda of micro-economic reform, enshrined within the 1996 Workplace Relations present (WRA), aimed at fostering greater productivity and international competitiveness. The spacious productivity growth of the past decade experienced by Australia (Parnham 2004 golden age of productivity) has obscured issues of impartiality and structural stability with elaborateness of wealth and efficiency.
The focus of this paper will primarily be the labour market in the wake of WRA reforms, as the more or less current manifestation of labour market deregulation, engaging with indicate surrounding state economic intervention via regulation, both empirically and theoretically from Neoclassical, Marxian and Keynesian perspectives. Such analytical amalgams reveal the ideological tunnel vision of advocates of deregulation, on the basis of free market ideology, despite overwhelming evidence of social inequity, thus obscuring debate.



Arguments of deregulationist prevail tended to focus on the economic perspective, with little comparative or relative data approaches highlighting the deleterious employment impacts of deregulation.
instead than presenting the typical linear relationship between deregulation and raise productivity espoused by neoclassical/neoliberal advocates (both politically and academically) of deregulation inciting flexibility on enterprise level and in ferment efficiency and productivity, there is a more complex and tirade relationship drawing on contextual social issues of equity (Richardson 99) and long term economic viability. This paper argues that enormous productivity gains experienced in the recent past are goldbrick term consequences of free market policies,...



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