Giorgos Gouzoulis is an assistant professor at the University of Bristol, Business School. His research focuses on how financialization and globalization affect wage bargaining, workforce casualization, strike activity, and union membership.

02.19.2023

• Giorgos Gouzoulis

Personal Debt Makes Workers Afraid to Strike

Since the late 1970s, strike action and union membership have been declining steadily in most Western democracies. New research finds that one key reason is the working class’s increasing dependence on credit.