The new industrial set up has given birth to the capitalistic economy which divided the industrial society into groups of labour and capitalists. Capitalists own resources and have possession over means of production. On the other hand, labour sells services which cannot be stored. The interests of the two groups are not common. One strive for higher wages and congenial working conditions whereas the other takes advantage of workers’ poor bargaining power and deny them their due rights. Besides, the employers want higher productivity. When these two conflicting interests clash, industrial disputes arise. Labour Movement is a wider term and it includes Trade Union Movement. Labour Movement implies, in some degrees, a community of outlook. It is an organisation or rather many forms of organisations based upon the sense of a common status and common need of mutual help. It seeks to develop among workers a spirit of combination, class-consciousness and solidarity of interest and arouses a consciousness, for self-respect, rights and duties. It creates organisation for their self protection, safeguarding of their common interest and betterment of their social and economic position.
Industrial Disputes and Labour Laws
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Bibliographic information
Title
Industrial Disputes and Labour Laws
Author
Edition
1st ed.
Publisher
Alfa Publications, 2008
ISBN
8189913939
Length
viii+280p.
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