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Economics versus Sociology: efficiency or democracy in labor relations?

The article discusses the limits and scope of neoclassic economic rationale in analyzing labor relations, with a special focus on positions that defend labor market deregulation and on the notion of employability. Based on a rigorous critique of the presuppositions underlying these different notions, it is argued that the hegemony of the neoclassic approach to the world enjoys an arsenal that heavily constrains the arsenal available for interpreting Latin America’s social reality. Above all, it warns about the risks entailed in demands to undermine labor rights and re-privatize class relations, as forced upon Latin America by neoliberal reform programs.

labor rights; neoliberalism; labor market


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