Disposable Workers: Today's Reserve Army of Labor

Authors

  • Fred Magdoff
  • Harry Magdoff

DOI:

https://doi.org/10.14452/MR-055-11-2004-04_2

Keywords:

Labor

Abstract

These are difficult times for workers. In the wealthy countries of capitalism's center, labor is struggling to maintain existing wages and benefits against a combined assault by corporations and governments, while conditions of workers in the periphery are even more difficult. The widespread acceptance and adoption of capital's agenda—"free trade," "free markets," greater "flexibility" regarding labor, and reduced social welfare assistance—has led to one group of real winners. Transnational corporations (and their owners and top managers) now have more freedom to produce where labor and other costs are cheap, have their patents protected, and move capital in and out of countries at will. Many workers, unfortunately, are finding that their situation has become more tenuous.

Published

2004-04-02

Issue

Section

Articles