Debt and the Future of Workers
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Debt and the Future of Workers
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This book reveals the first comprehensive examination of how financialization and rising personal debt has quietly disciplined workers since the late 1970s, making them fear job loss and defaulting, over demanding better pay or conditions.
Since the late 1970s, student, mortgage, and medical debt have continued to rise in line with lowered public spending and the privatisation of key services by Western governments. Gouzoulis shows how working households beholden to these economic burdens are prevented from demanding better working conditions and pay.
By tracing the link between household financialisation and workers' ability to unionise and take action, Gouzoulis reveals how today's financialised capitalism is sustained, and offers a radical plan on how unions can push back through collaboration and collective action to defend workplace democracy.
Debt and the Future of Workers presents crucial insights into the modern economic landscape and serves as a guide for empowering workers to reclaim their rights.
Book Details
INFORMATION
ISBN: 9781529241907
Publisher: Bristol University Press
Format: Hardback
Date Published: 23 April 2026
Country: United Kingdom
Imprint: Bristol University Press
Illustration: 15 Illustrations, black and white
Audience: General / adult, Professional and scholarly
DIMENSIONS
Width: 127.0mm
Height: 203.0mm
Weight: 300g
Pages: 198
About the Author
Giorgos Gouzoulis is Associate Professor in the School of Business and Management at Queen Mary University of London.
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