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Time: 6.00pm - 8.00pm
Venue: Room JG1005, John Galsworthy building, Penrhyn Road campus, Penrhyn Road, Kingston upon Thames, Surrey KT1 2EE
Speaker(s): Özlem Onaran, Magnus Ryner, Engelbert Stockhammer and John Weeks
Wage-Led Growth examines the causes and consequences associated with the falling wage share and rising inequality in income distribution, relating to both aggregate demand and labour productivity. It presents new empirical and econometric evidence regarding the economic causes and potential impact of changing income distribution. The volume also analyses the policy implications and strategies for a wage-led recovery that would alleviate the global problems associated with the rising household debt needed to sustain consumption expenditures and with new mercantilist policies based on wage moderation. In turn, it provides an overarching framework that will prove invaluable to present and future researchers and policy-makers.
Özlem Onaran is professor of workforce and economic development policy at the University of Greenwich. She has done extensive research on the political economy of inequality, employment, globalisation, crisis, and wage-led growth.
Magnus Ryner is reader in international political economy at Kings College London. With his formal training in political science and international relations, his research concerns the political economy or work and welfare as embedded in regimes of accumulation and transnational power relations.
Engelbert Stockhammer is professor of economics at Kingston University. He is a post-Keynesian economist who has worked on financialisation, wage and profit-led growth regimes and the macroeconomics of unemployment.
John Weeks is emeritus professor at SOAS, and author of the recently published book, Economics of the 1% (Anthem Press).
The political economy roundtables are intended as a series of events that allow for a focused discussion of current issues in Political Economy. Participants will give a short opinion pieces to stimulate discussion.
For further information about this event:
Contact: Engelbert Stockhammer
Directions to Room JG1005, John Galsworthy building, Penrhyn Road campus, Penrhyn Road, Kingston upon Thames, Surrey KT1 2EE: