Private Government: How Employers Rule Our Lives (and Why We Don’t Talk about It)

The demise of organized labor, the internationalization of capital movements, and technological changes are often believed to contribute to the decline in the bargaining power of employees vis-à-vis their bosses in the age of globalization. According to many, these radical socio-economic transformations are one of the explanatory factors behind the expanding income and wealth inequalities across societies. The emergence of these vast economic inequalities led social scientists to study the nature of these trends and search for possible institutional solutions. Similarly, the normative-philosophical discussions on the contemporary labor-capital relations have predominantly focused on the inequalities of economic resources such as income and wealth distribution. The apparent dominance of the distributive justice literature among the normative theories of economic institutions might be considered to be an illustration of this phenomenon.