Abstract

Neoliberal capitalism, which has dominated the world's economies for the past thirty years, has been disastrous for the exploited and oppressed masses. Not only have workers been increasingly oppressed, but the nature of the work they do has changed dramatically. While organized workers try to remain on their feet, production moves to the unorganized sectors. The production process is dispersed to small-sized enterprises. Outsourcing has spread so much that millions of workers bring their work home to continue production for their factories. Employment without insurance no longer constitutes an exception, but has become the norm. A worker with insurance is considered to be lucky. The number of unorganized women and child workers has increased rapidly. Working hours and labor laws have become more "flexible." Order-based production has destroyed job security. Full-time, regular employment has been gradually replaced by part-time, temporary, and precarious work. Thus, the informal sector (which encompasses child labor, migrant workers, temporary workers, contract workers, domestic workers, homeworkers, and workers in small production units and subcontractor firms) has become more and more prevalent around the world.This article can also be found at the Monthly Review website, where most recent articles are published in full.Click here to purchase a PDF version of this article at the Monthly Review website.

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