Global: The prospects of wage labour and labour movements in globalised economy

This paper will attempt to dissect and identify the challenges faced by the wage labour and labour movement in this highly celebrated capitalist era especially by the rich. It would highlight the problems specifically related to wage labour and labour movements and their survival. It will also highlight the constraints resulting from globalised economic policies demands and problems of economic retaliation resulting from a drastic economic reform. The paper will further propose that, the working class organisations missed an opportunity for achieving their perceived goal of socialism in their respective localities.