Anybody who is acquainted with a shade of world history knows the evil effects of capitalism which was the after effect of industrial revolution especially in the 19th century and the first half of 20th century. Employees and the working class were exploited by the capitalists for their material growth and pleasure living. They were treated like animals and machines and all their basic human rights were crushed. It is a known fact that communist and socialist ideologies and uprisings played a vital role in liberating the enslaved working class from the clutches of capitalism thus paved the way for better equality. Umpteen poets and writers around the world took part in that fight against the exploitations of the ruling class, siding leftist ideologies.
Now we are living in an altogether different world, the world of technological revolution and globalization. True, now the world is a much better place to live in: employees are enjoying more rights and better standard of life and Governments (Ruling class) and entrepreneurs are more considerate and sensible. But unfortunately there are clear and enough signs in the corporate world which shows that the same situations of the capitalist era are slowly and stealthily creeping in. Now in the climate of corporate competition especially after the arrival of software giants and outsourcing centres there is a trend of crushing employees in the name of finishing projects in time. It is understood multinational companies are pushing their young Indian employees to overwork and compensate them with whopping salary and of course high class facilities and night club parties for posh life style. This is sugar coated exploitation in disguise of our youth’s life itself. We all witnessed how the world looked in awe when the global economy was badly hit by recession recently and thousands of educated employees were laid off and sent out in a fine morning without any guarantee. So our younger generation employees are sent out after education to over work where there is no guarantee for employment. It is high time the younger generation to sit and think to safeguard their rights and poets and writers as ever to plead for their cause.
Sandhya S N
J T Jayasingh
Exploitation is an inevitable social evil in interactions between the weak and the strong. This has existed even in prehistoric times. Though inevitable, it can be controlled and minimized to tolerable levels by intervention of governments in power. Communism has broken down structures of exploitation temporarily, but has never proved itself as a solution for exploitation, for even structures build on communism breeds exploitation of another variety. Communism breaks structures but is never good at building good ones. Further, its dictatorial character has made it the greater killer of people in human history. The black book of communism reveals that 100 million humans have been murdered by communist regimes. This surpasses are all evils of capitalism. The issue of over work in IT companies can be controlled by clear regulations and government monitoring. Leaving it to political trade unions is not the solution.
An interesting Editorial about our contemporary life, do the younger generation have enough time to contemplate on it and understand the message of this Editorial ? Am sceptic.
But unfortunately there are clear and enough signs in the corporate world which shows that the same situations of the capitalist era are slowly and stealthily creeping in. Now in the climate of corporate competition especially after the arrival of software giants and outsourcing centres there is a trend of crushing employees in the name of finishing projects in time. It is understood multinational companies are pushing their young Indian employees to overwork ………
Thus you write….I love your sense of pain and the great suffer youths to load, but still mania for money make a craze….
Unchecked capitalism breeds evil. True very true.But that communism is essentially better doesn’t hold water for ultimately what takes the society forward is capitalism which rewards human innovation and provides entrepreneurs with handsome rewards for their leaps of faith. Consequently what is needed is regulation and checks and balances in terms of policy and governemnetal interventions to check the diabloical side effects of excessive greed.