ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Effect of Tariffs on Foreign Prices

sector is not on the same plane as the principal contradiction in a social formation. It has become fashionable since the birth of the 'embourgeoisment' thesis to run down the organised working class for all the travails of the capitalist system. Omvedt must recognise the fact that the gap between the wages of the organised and the unorganised sector is not a creation of the labour movement; instead it is in the very nature of capitalist development. It would be ridiculous to compare such inequalities with class contradictions.

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