Please use this identifier to cite or link to this item: http://hdl.handle.net/1893/22803
Appears in Collections:Management, Work and Organisation Journal Articles
Peer Review Status: Refereed
Title: Financialization and value: why labour and the labour process still matter
Authors: Cushen, Jean
Thompson, Paul
Contact Email: paul.thompson@stir.ac.uk
Keywords: Financialization
labour process
mechanisms
value extraction
Issue Date: Apr-2016
Citation: Cushen J & Thompson P (2016) Financialization and value: why labour and the labour process still matter, Work, Employment and Society, 30 (2), pp. 352-365.
Abstract: Despite expanding literatures on financialization, scholarship exploring its relationship to labourand the labour process remains under-developed. A further obstacle has arisen from argumentsthat novel financialized modes of value extraction render the labour process and labour processanalysis less relevant. This article challenges that view and explores how the labour process isstill a vital focal point for value creation and extraction. It sets out what scholars should ‘look for’to understand the ways in which distinctively financialized mechanisms operate in non-financialcorporations and how these dynamics are translated into outcomes for and through labour. Thearticle then provides four key propositions, drawing on labour process theory, which specify howthose mechanisms are operationalized and their consequences.Keywordsfinancialization,
DOI Link: http://dx.doi.org/10.1177/0950017015617676
Rights: This item has been embargoed for a period. During the embargo please use the Request a Copy feature at the foot of the Repository record to request a copy directly from the author. You can only request a copy if you wish to use this work for your own research or private study. Publisher policy allows this work to be made available in this repository. This article has been accepted for publication in Work, Employment and Society by SAGE. The original publication will be available at: http://wes.sagepub.com/

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