Question

Industrial Revolution and the Capitalist mode of production might have been helpful in some ways, it also caused problems in other ways. Discuss its disadvantages under the following heads:

A System of Mass Exploitation

Answer 1

A System of Mass Exploitation:
The Capitalist System, created two new classes: the Capitalist Class and the Class of Wage-earners. The capitalists were anxious to make as large profits as possible and in order to do that they exploited the working class. Workers share in the profits of industry was very small. It is terrible to think that even women and little children had to work for as many as fifteen hours a day, with very short interval for food. Factory owners and managers paid the minimum amount necessary for a workforce, often recruiting women and children to tend the machines because they could be hired for very low wages.