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This article explores the interconnections and continuities between racial inequalities in the contemporary labour market and the legacies of colonialism and racial distinctions woven into the evolution of market economy. It argues that race is embedded in the legal form by which labour is regulated. In its focus on the legal relations between individual subjects, namely, the contract of employment, the dominant legal form for governing work relations, the standard employment relationship, erases from view the broader social and economic structures within which the bilateral relationship exists—that is, the unpaid work of social reproduction and the colonial extraction which make paid work possible. The article identifies a number of ways in which race, racism and the legacies of colonialism are implicated in the evolution of market economy and latterly in the construction of the postwar welfare state and contemporary labour market institutions. First, in the racial capitalism of slavery. Second, in the colonial extraction and commodification of labour power from the global South for the benefit of markets in the global North. Third, in relation to migrant labour and racialised segmentation of the labour market.

Race and Colonialism in the Construction of Labour Markets and Precarity