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All in it together? The unlikely rebirth of Covid Corporatism

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  • Coulter, Steve

Abstract

The battle to soften the labour market impact of the pandemic has thrown up some unlikely bedfellows, with trade union leaders competing with business chiefs over who can most fulsomely praise the government’s economic response. But does this entente really presage a new era of ‘Covid‐corporatism’? Crises like Covid‐19 can provide opportunities for temporary social pacts, even in countries lacking the labour market institutions needed to sustain these in normal times, and the ‘social partners’ have shown an unusual willingness to be bold and constructive. But cracks are already appearing over how and when the state should begin its withdrawal from the economy. Unions face structural weaknesses and recruitment problems that will hamper their ability to take full advantage of what will likely prove to be only a temporary lull in hostilities.

Suggested Citation

  • Coulter, Steve, 2020. "All in it together? The unlikely rebirth of Covid Corporatism," LSE Research Online Documents on Economics 106496, London School of Economics and Political Science, LSE Library.
    • Handle: RePEc:ehl:lserod:106496
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    File URL: http://eprints.lse.ac.uk/106496/
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    Cited by:

    1. Guglielmo Meardi & Arianna Tassinari, 2022. "Crisis corporatism 2.0? The role of social dialogue in the pandemic crisis in Europe," Transfer: European Review of Labour and Research, , vol. 28(1), pages 83-100, February.
    2. Tom Hunt & Heather Connolly, 2023. "Covid‐19 and the work of trade unions: Adaptation, transition and renewal," Industrial Relations Journal, Wiley Blackwell, vol. 54(2), pages 150-166, March.
    3. Hancké, Bob & Van Overbeke, Toon & Voss, Dustin, 2022. "Crisis and complementarities: a comparative political economy of economic policies after COVID-19," LSE Research Online Documents on Economics 111059, London School of Economics and Political Science, LSE Library.
    4. Beck, Donizete & Ferasso, Marcos, 2023. "How can Stakeholder Capitalism contribute to achieving the Sustainable Development Goals? A Cross-network Literature Analysis," Ecological Economics, Elsevier, vol. 204(PA).

    More about this item

    Keywords

    Covid-19; corporatism; social partnership; varieties of capitalism; stakeholder capitalism; coronavirus;
    All these keywords.

    JEL classification:

    • J1 - Labor and Demographic Economics - - Demographic Economics
    • R14 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Land Use Patterns
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General

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