Sunday, September 8, 2013

Indentured Servitude

 
In the context of the most prevalent forms of socio-economic nomenclature, indentured servitude exists as a conditional based system of employment whereby individuals found to exemplify a rudimentary capacity in terms of their labor skill competency and aptitude are systematically exploited through processes of wage restriction or elimination, often in exchange for living necessities and temporary housing. Oftentimes those forced into such work-related internment camps render such services for a fixed period of time, typically three to seven years on average. In modern economic systology, indentured servitude functions as an intrinsic component of wage slavery, in that, such a condition is consistently utilized by the corporate hegemony through the dissemination of monetary allotments far below what is nominally considered as a livable stipend, often as a means of mitigation pursuant to a particular industry's cost/ benefit ratio.

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