The New Serfdom

Book excerpt: Great Britain is one of the wealthiest, most successful nations in the world. Why, then, do so many people feel short-changed? The old assumption that 'if you work hard and play by the rules, you can get on in life' looks increasingly like a cruel joke. Homeownership, secure employment and fair wages seem like relics of a bygone era. Meanwhile exploitative workplace practices have created a new serfdom, leaving many people trapped in unfulfilling, underpaid work. At a time of huge political upheaval and ever-increasing inequality, this powerful new book asks: how can we build a successful economy, powered by a happy and productive workforce that benefits everyone in the twenty-first century?