Liberal democratic capitalism is losing legitimacy. But what comes next may be a form of right-wing populism, supported by nationalist politicians and movements looking to close borders and blame immigrants and trade for economic insecurity. Will unions look to protectionism or internationalism? Will working class movements be able to unite across borders to radically shift the balance of class power relations?
Low-wages are increasingly a problem for workers in many parts of the world. In the past two years, wages have remained flat in most wealthy countries and in others, average wages are still below the levels of pre-financial crisis. What do we know about the impact of minimum wage and living wage laws?