Neoliberal Economic Reforms and Workers of the Third World at the End of the Second Millennium of the Christian Era
Author(s)
Bagchi, Amiya Kumar
Abstract
This paper places the current conditions of workers of the Third World in the context of the processes of social reproduction of labour under capitalism. It critiques the idea that the history of capitalism has been a uniformly liberatory experience and takes the view that many changes in the workers’ situation under capitalism can be regarded as transformations in bondage. It also criticises the view that deregulation of labour markets per se can raise worker productivity or seriously reduce the worldwide tide of unemployment. It ends by placing gender discrimination and the unmanageability of the world economy against the characterization of capitalism as a system of armed competition and uneven development.
