Meaning of wagedom | Babel Free

Definitions

The practice of hiring workers for wages.

uncountable

Examples

“At the other end, we have workers in the coal and iron trades demanding wages varying with employers' profits. The first represents the transition from serfdom to wagedom; the second the transition from wagedom to freedom.”

“We may minimize it as we may by exaggerating our notions of the due rewards of enterprise ; but if we take the ethical idea of partnership as our concept of wagedom, if we look on human labour as a merchandise, we cannot logically resist the conclusion that capital, in part at any rate, is the product of injustice.”

“Wagedom was not instituted to remove the disadvantages of communism; its origin, like that of the state and private ownership, is to be found elsewhere.”

CEFR level