Article: In through the out door: critiquing the internal labour market concept.

Introduction

Institutional labour market theories overstate the extent to which organisations are separate from the labour market. This tendency appears to be associated with institutionalists working to overcome the problems of neoclassical labour market theory. Regardless of whether theorists have the goal of improvement or refutation, a neoclassical starting point has blocked alternative routes to further theoretical refinement (Lever-Tracy, 1984; Fine, 1998: 133). The concept of an internal labour market (ILM) will be evaluated from this point of view. Institutionalists have long agreed that external labour markets (a concept central to neoclassical ...

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