The 2021 Veblen-Commons Award Recipient: Deborah M. Figart: Good Work

Deborah M. Figart

Journal of Economic Issues, 2021, vol. 55, issue 2, 271-292

Abstract: COVID-19 has exposed underlying weaknesses in the economy, including the political economic institutions structuring work. The labor market has moved toward more precarious work, negatively affecting job quality and well-being. After a summary of the current context shaping work, I discuss a new, 2021 Top Ten list of policy proposals aimed at institutionalizing good work. This list revises ten public policies I proposed in 2003, and reconsiders how they might be updated given evolving economic structures and context. Theoretically, the article draws upon major concepts in institutional and heterodox economics: progressive institutional change, invidious distinctions, countervailing power, social balance, capabilities, caring labor, and social provisioning.

Date: 2021
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DOI: 10.1080/00213624.2021.1895581

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