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"..the modern working class.. live only so long as they find work and ... find work only as their labor increases capital.."

2007-11-07 01:53:00 · 1 answers · asked by sheinfield 1 in Social Science Economics

1 answers

He was describing the world of mid 19th century Europe. There was no government safety net, and millions in Ireland had died of starvation a few decades before as the result of the potato famine, while the powerful stood by and watched. As for the second part, it is a principle of capitalism that is still true today, that workers have jobs only if hiring them is profitable to their employers.

2007-11-07 02:14:16 · answer #1 · answered by meg 7 · 0 0

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