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A Sociological Model of Inflation
The American Equilibrium
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addition agreements American bargaining Britain British capitalist cent centralised co-determination companies competitive concern countries decentralised discussed distributional conflict East European economic growth economistic values effect electoral employers enhanced expenditure facilitate factors federations firms full employment German Goldthorpe groups higher historic compromise implications important incomes policies indicated individual industrial relations inequalities inflation inflationary pressures Inglehart institutional interests investment Keynesian Korpi living standards LO's managerial manual workers materialistic ment normative restraints OECD organised labour output particular party political position post-materialism post-materialist post-war price increases productivity profits real wages reflects relationships relatively rise role sectional sector significant social contract social partnership social welfare societies solidaristic wage policy strike action strikes structure success suggests Sweden Swedish Table tion trade unions unemployment unionisation vicious cycle virtuous cycle wage claims wage increases wage-drift western whilst workforce workplace