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Starting by an identification of the goals of labour law the paper is sketching the changed reality of working life in modern society compared to the original Fordist model. It is argued that this change of reality does not affect the traditional goals of labour law. Therefore, there is no need to re-invent labour law but merely to adapt its instruments and institutions to the changed reality. Examples for such structural and conceptual restructuring of labour law are given: better responses to the diversity of interests within the workforce, extension of the scope of application, closer link to social security law, strengthening fundamental rights in working life, shifting from shareholder to stakeholder capitalism and finally strengthening and further developing trans-national standards by a public-private-policy-mix.
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