Globalization: Consequences for Work and Employment in Advanced Capitalist Societies

Abstract

Abstract This essay considers the consequences of globalization for work and employment in advanced capitalist societies. It outlines the classic arguments of hyperglobalists, sceptics, and transformationalists. It first discusses the roles of multinational companies (MNCs) in both disseminating and differentiating distinctive models of work organization and employment relations across their international operations, emphasizing the micropolitical mediation of such processes and the interplay of “system,” “societal,” and “dominance” effects in the selection and hybridization of such models. It next considers the roles of corporate and state actors in recasting national institutional configurations, highlighting the contradictory and contested features of such configurations, and the scope for substantive remaking despite apparent institutional continuity. It then considers agendas for future research which build on these arguments but give fuller consideration to service MNCs and MNC operations beyond advanced capitalist societies. Finally, it notes the possible impact of other vectors of globalization on overall trends and variations in work and employment across societies.