Problems of the Day: Difference between revisions

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=== Chapter 9 ===
=== Chapter 9 ===
In this chapter Sarkar noted, advanced scientific technology means rapid mechanization. Conservative people oppose the use of advanced scientific technology because it inevitably brings more misery, in form of unemployment and poverty. This is because when the productive capacity of machinery is doubled, the required human labour is decreased by half.
In this chapter Sarkar noted, advanced scientific technology means rapid mechanization. Conservative people oppose the use of advanced scientific technology because it inevitably brings more misery, in form of unemployment and poverty. This is because when the productive capacity of machinery is doubled, the required human labor is decreased by half. Though capitalists assure that if human labor is replaced by machines, other ways will be found to employ the surplus laborers in different jobs, but such assurance has no practical value, because it is not possible to arrange new jobs for retrenched workers as quickly as they become surplus laborers due to rapid mechanization.


== References ==
== References ==
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