Monday, January 16, 2017

Wage Slavery


Wage Slavery refers to a situation where a person's livelihood depends on wages, especially in a total and immediate way. The term's analogy between slavery and wage labor may refer only to an unequal bargaining situation between labor and capital, particularly where workers are paid comparatively low wages or it may draw similarities between owning and employing a person, which equates the term with a lack of workers' self-management. This covers a wider range of employment choices bound by the pressures of a hierarchical social environment.