UNDER NEOLIBERALISM, PERMANENT EMPLOYMENT IS BEING REPLACED BY FLEXIBLE WORK REGIME
TECHNOLOGY IS BEING USED TO REDUCE VALUE OF LABOUR POWER LEADING TO LOSS OF JOBS
26-07-2024 12:30 GMT-0000
-
The radical shift in labour relations from regimes of standard employment to fragmented and flexibilised labour force under neoliberalism is signified by a radical shift of responsibilities of their production of labour force from the capitalist employer to the State through the denial of indirect wage payments to workers. One of the major achievements of labour movement in the past was the recognition of elements as constituents of wage and benefits that ensured the reproduction of labour force in its totality. The underlying spirit was wages should not only cover the immediate needs of the worker but also should at the minimum be enough to maintain the intergenerational supply of a healthy workforce and the labour force not currently absorbed at work. This was required by capitalism to ensure the supply of workers in future.