Protection of labor rights essential from "summary" of The Great Transformation by Karl Polanyi
The idea that labor rights must be safeguarded is intrinsic to the functioning of society. Without protections for workers, the balance between capital and labor is disrupted, leading to social unrest and economic instability. In the absence of such protections, workers are vulnerable to exploitation by employers seeking to maximize profits at the expense of their employees' well-being. Historically, the absence of labor rights has resulted in widespread suffering and disenfranchisement among the working class. In the early days of industrialization, workers were subjected to grueling hours, unsafe working conditions, and inadequate wages. This exploitation fueled the rise of labor movements and calls for reform to pr...
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