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The Impact of Colonialism and Capitalism on Workers: A Critical Analysis

This article delves into the intersection of colonialism, capitalism, and worker exploitation, examining the historical context and modern-day implications. It explores the impact on garment workers in Bangladesh, the challenges faced by Tesla Motor company, the unionization of Starbucks workers, and the acknowledgment of past atrocities by King Charles during his visit to Kenya.

Historical Exploitation and Resistance

Settler colonialism in Kenya led to the Mau Mau Uprising and the brutal actions of the British.

Colonialism is a disaster and modern capitalism should apologize for it.

Corporations in the past employed children as young as five or six years old, using the argument that it helped with profits.

Countries passed laws to outlaw child labor in response to the horror of exploiting children for profit.

Work is what transforms nature into goods and services.

Capitalist Exploitation and Worker Rights

The wealthy in capitalism receive the surplus produced by workers.

Surplus is the extra output produced by workers beyond what they consume.

Corporations need to find other ways to boost profits without abusing children.

In slavery, the master owned not just what the slave produced but the slave themselves.

Children cannot produce surplus as they are unable to work.

FAQ

What led to the Mau Mau Uprising in Kenya?

The Mau Mau Uprising was a response to the brutal actions of the British during settler colonialism in Kenya.

Why should modern capitalism apologize for colonialism?

Modern capitalism benefited from the exploitation and atrocities committed during colonialism, and therefore should acknowledge and apologize for its role.

How did countries respond to the exploitation of child labor?

Countries passed laws to outlaw child labor in response to the horror of exploiting children for profit.

What is the significance of surplus in capitalism?

Surplus is the extra output produced by workers beyond what they consume, and it is appropriated by the wealthy in capitalism.

What is the relationship between slavery and surplus production?

In slavery, the master owned not just what the slave produced but the slave themselves, and took a portion of the produced surplus for their own benefit.

Summary with Timestamps

🌍 1:42This episode of Economic Update discusses King Charles's visit to Kenya, Starbucks workers unionizing and striking, problems faced by Tesla Motor company, and the issues of garment workers in Bangladesh.
🌍 6:38Settler colonialism and its consequences, such as the Mau Mau Uprising in Kenya, are a bitter legacy that cannot be erased by royal visits.
👥 12:10Corporations used to employ children for profit, but laws were passed to outlaw child labor.
🌳 18:09Work transforms nature into goods and services, creating surplus.

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