Interrogating the New Economy: Restructuring Work in the 21st Century, Edited by Norene J. Pupo and Mark P. Thomas, Toronto: University of Toronto Press, 2010, 292 pp., ISBN 978-1-4426-0055-3.

As conveyed by the title, this volume of edited articles explores various dimensions of the seismic economic changes that have beset the international economy over the past twenty years. While most of the chapters focus on various dimensions of economic restructuring and the fall out in Canada, one chapter by Huws and Dahlmann presents data from their work on European occupational shifts that have been occasioned by the use of information and communication technologies (ICTs) and the globalization of labour processes that they have enabled. The editors have done a good job in organizing the book around three thematic sections that examine the macro level changes that have been associated with economic restructuring, specific case studies of economic transition, and finally, the conditions that unions confront in the new circumstances. Each chapter in the first section lays out what its authors consider to be the most important theoretical concepts for analyzing recent political-economic changes to the ways in which capitalism operates. There are subtle differences in emphasis. For example, Broad and Hunter stress the re-commodification of labour that has been associated with neo-liberalism and in particular the movement from Keynesian welfare programs to the workfare of the “third way.” This has been the means by which capitalist dynamics have been “rebooted.” Other chapters in this section suggest that the changes are more fundamental, with Clement et al. arguing that we have transitioned into a post-industrial, knowledge economy that is giving rise to more complex class systems and stratification. For reasons that I cannot go into here, I find that the approaches of Albo and Huws and Dahlmann are the most useful for understanding what is new in the “new economy.” Albo identifies four main shifts which taken together represent a new phase in capitalist accumulation. They consist of new labour processes, new, more precarious employment relationships, new spatial relations (i.e. the globalization of production) and financialization. A progressive counter agenda to these developments is outlined, but the vexatious question of agency is not posed. The chapter by Huws and Dahlmann makes a further contribution based upon both quantitative and qualitative research. These authors examine the impacts of forming global value chains in service oriented work. The implications of computerization and outsourcing for occupational and class identities are explored in some detail, in what, for this reader, is one of the standout chapters of the book. The authors point to the increasingly elaborate social division of global labour, the rise of MNCs from the developing world and the greater centralization of command and control over labour processes. Importantly, this has diffuse effects on occupational and class formation, which makes such analysis all the more necessary. A number of the chapters in the second section of the book also bring new insights forward through original primary research. Particularly noteworthy for me were those chapters that examined the fate of regional communities that have witnessed the loss of industrial employment. Chapters by Tufts and Holmes, Haiven, and Aguiar and Marten vividly convey the challenges that non-global cities confront in the new economy. For Tufts and Holmes it is a problem of whether “university towns” can leverage off of their educational institutions to provide long term quality employment in a new knowledge economy. Haiven poses a similar question in examining the possibilities for new cultural industries that derive their inspiration from an industrial past. His comparison of Cape Breton Island with the mining communities of country Durham in the UK is instructive. Aguiar and Marten turn their attention to the creation of a post-industrial leisure economy that is being built upon viticulture and …