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Machines and labour - increase in poverty – Countercurrents
Since introduction of automated machines in factories and offices, labor force is being slowly dispensed with. For instance, before mechanization and computerization, banks used to employ clerical staff for writing ledger accounts. But after introducing computers to note transactions, many posts were removed on the pretext of ‘downsizing’ or ‘ right sizing’ . The banking industry, which was ‘labour[Read More...]