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