... are production inputs but are however transformed into commodities (Polanyi;1994). The commodification of the labour market has led to some dramatic changes in employer attitudes and relationships towards its employees. The commodification has led to difficulties in family and social life for many families with extended unpaid hours of work, casualization of the work, outsourcing jobs and risks of loss of jobs due to ... technology replacing workers. Rifkin outlines this problem of improvements in technology at an exceeding rapid rate creates conditions where machines can do work that w...

• Word Count: 1246
• Approx Pages: 5
• Has Bibliography
• Grade Level: Graduate

... . While this may encourage a lack of personal sympathy and the alienation of those at the bottom of the pyramid, it can surely be argued that governments even in capitalist states take steps to regulate the actions of companies in a neoliberalist society. The idea of a national minimum wage and set maximum working hours are two examples of such intervention, and while such notions ... are indisputably necessary and in keeping with the charitable element of human nature, they are, to the pure capitalist/neoliberalist, barriers to the maximum possible profit. This also ... dispels somewha...

• Word Count: 2635
• Approx Pages: 11
• Has Bibliography
• Grade Level: Graduate