Labour Reforms and Economic Justice: Inequality, the COVID-19 Pandemic and Regionalism

Amitabh Kundu ()
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Amitabh Kundu: World Resources Institute

Chapter Chapter 4 in Reimagining Prosperity, 2023, pp 43-57 from Springer

Abstract: Abstract Analysing the patterns of inequality in India, this paper argues that those at the bottom of the income pyramid lack the enabling conditions of access to good healthcare and education to break out of the cycle of poverty. Addressing extreme inequalities would require not just the redistribution of wealth but also a transformation in the structure of the economy so that the processes of income generation become more equitable. A beginning in this direction would require a fundamental change in the relationship between labour and capital. Analysing recent legislations to reform labour laws within India, the author observes that while they provided some benefits to the unprivileged working classes, the overall effect has been to weaken labour unions and relax labour laws making it easier for them to be exploited. Enduring change will require new development models based on strong normative frameworks for ensuring equity and sustainability.

Keywords: Labour reform; Redesigning labour capital relationships; Labour laws; Equitable income distribution; Interdependent local economies; Normative frameworks; Overcoming inequality (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-19-7177-8_4

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DOI: 10.1007/978-981-19-7177-8_4

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