Prøve GULL - Gratis
Labour, Capitalism, and Poverty Are Linked
The Statesman Kolkata
|March 30, 2025
Economic activities have taken the center-stage of human life.

Everyone has to earn his own money to sustain - to obtain food, shelter, education, health, and entertainment. There is no scarcity of food and other materials on earth; but access is restricted. Only those who have money can obtain these essentials and luxuries.
It is now virtually the mandate of the capitalist society that anyone not possessing money or wealth has to do hard physical labor for survival. He has to use a good quantity of muscle power, nerves, and brains daily to earn money. It is presumed that poor illiterate people will do backbreaking jobs 365 days a year, that too for paltry sums. Their wives and children too will have to work throughout the year. Their bodies are their only assets. A poor person, even if he works hard, may still remain poor under the present economic system.
Poverty has become an integral part of society. Hungry men need money at any cost to buy food. It is presumed that poor families will work as unskilled labor in industries. The rise of capitalism coupled with rapid acceleration of industrialization created the 'labor force'. Capitalism needs plenty of labor at the cheapest cost. Poverty feeds capitalism well.
Patrick Colquhoun (1745-1820), a powerful Scottish merchant, saw poverty as an essential precondition for industrialization. In his words: "Poverty is therefore a most necessary and indispensable ingredient in society, without which nations and communities could not exist in a state of civilization. It is the lot of man. It is the source of wealth, since without poverty, there could be no labor, there could be no riches."
Denne historien er fra March 30, 2025-utgaven av The Statesman Kolkata.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA The Statesman Kolkata
The Statesman
Telangana Dy CM meets family of Dalit IPS officer Puran Kumar
Telangana Deputy Chief Minister Bhatti Vikramarka Mallu on Monday demanded the central government's intervention into the suicide of Dalit IPS officer Y Puran Kumar after he visited his family in Chandigarh.
1 mins
October 14, 2025
The Statesman
Letters To The Editor
Sir, The main election contest in Bihar is between the NDA and the Mahagathbandhan.
2 mins
October 14, 2025
The Statesman Kolkata
PM Modi backs Trump's peace efforts
Prime Minister Narendra Modi on Monday welcomed the release of all Israeli hostages after over two years of captivity, attributing their freedom to the unwavering peace efforts of US President Donald Trump and Israeli Prime Minister Benjamin Netanyahu.
1 min
October 14, 2025
The Statesman
Oppn alliance finalises seat-sharing for Bihar polls
The Rashtriya Janata Dal (RJD)-led Mahagathbandhan has reportedly finalised a seat-sharing formula for the upcoming Bihar Assembly elections.
1 min
October 14, 2025
The Statesman
Killer syrup: ED raids 7locations, TN govt cancels licence and orders closure of pharma firm
Even as the Enforcement Directorate (ED) launched coordinated searches at the offices and residential premises of officials of Tamil Nadu Drug Control Department and Sreesan Pharma, as part of a money laundering probe on Monday following the deaths due to the killer cough syrup, Coldrif, in Madhya Pradesh, the Tamil Nadu Government has cancelled the licence of the company and ordered its closure.
1 mins
October 14, 2025
The Statesman Kolkata
Delhi court frames charges against Lalu Prasad, family in IRCTC hotel scam case
Just a few weeks before Bihar goes to the polls, a special CBI court on Monday framed charges against RJD chief Lalu Prasad, his wife Rabri Devi, son Tejashwi Yadav and 11 others in the IRCTC scam, paving the way for the start of the trial in the case.
1 min
October 14, 2025
The Statesman
'Bhutan should pay compensation for flood damage'
Chief Minister Mamata Banerjee on Monday said that the Bhutan government should compensate the flood-affected families in the Dooars region, alleging that water released from Bhutan has caused extensive damage to property and lives in North Bengal.
1 min
October 14, 2025
The Statesman Kolkata
Guy visits medical college where survivor is recovering
Bengal Governor CV Anand Bose visited the private medical college in Durgapur this evening, where the alleged gang-rape victim still under medical supervision.
1 min
October 14, 2025
The Statesman Kolkata
Silence in Delhi
When a visiting foreign dignitary denies women access to a press event in India, it is not merely a diplomatic oversight ~ it is a moral failure witnessed in real time.
2 mins
October 14, 2025
The Statesman Kolkata
Govt launches dedicated portal for enrolment of e-rickshaws
To facilitate the registration of totos, the state government has opened a dedicated portal for enrolment of the e-rickshaws.
1 mins
October 14, 2025
Listen
Translate
Change font size