The occurrence of child labour is a disconcerting feature of an emerging market economy, the international community does not condone any form of child labour yet it’s occurring on a wide, scale, child labour is indeed one of the most urgent global economic issues in today’s world.majority of the time parents send their children to work in order to increase their probability of survival.however, they may not comprehend the long term affect child labour can cause their family.This can be magnified through the economic impact of child labour report which claims that ” children sent to work do not accumulate (or under-accumulate) human capital, missing the opportunity to enhance their productivity and future earnings capacity” (Galli, 2001 ,3 )
Child labour can be described as modern day slavery; millions of children are forced to go into work, locking them into this endless cycle of poverty, vulnerability and exploitation. Many children from poor backgrounds are forced to go into work at such a young age; as they are their parents only mean of income. The ILO estimates that” the number of working children in the 5 to 14 age group in the developing countries is 250 million, of whom at least 120 million are working full time “( CHILD LABOR and its Socio-Economic Impact | Parul Shah – Academia.edu. 2016) these figures are shocking, in a modern world where in some parts of the world children are awarded with all rights and privileges , in other parts of the world some children are living in shocking conditions with no system built to save them or their future.
There is no doubt that there is an extensive market demand thus child labour is not unintended for instance, companies and organizations in certain parts of the world have a preference to hire children because they provide cheap labour than their adult equivalents.in addition, it’s easier to get rid of them of them once profits fluctuates taking advantage of the children’s vulnerability. the International Labour Organisation defnes Child labor is as “work that deprives children of their childhood, their potential and their dignity, and that is harmful to physical and mental development.” (IPEC) . 2016. sadly all these listed are occurring to millions of children around the globe.
The Capitalistic System around the world lacks in education the majority on where we get our clothes from? And who is involved in the production process from the fields to the stores? We are talking about massive modern slavery of all range of ages that is accepted and allowed by the Capitalistic world because as long as we get our rewards in a form of cheap and fancy shirt, we would not questions concepts like child labour and its relationship to capitalism.
Most children work on farms that produce consumer products such as cocoa, coffee, cotton, rubber and other crops (Child Labor Facts and Statistics – The World Counts . 2016) we all like chocolate , guilty pleasure some may call it , “guilty pleasure” indeed companies have a moral responsibility to know where their products are coming from and who its being made by .is also important that we as consumers are aware of child labour , are we consuming products through the sweat and pain of children ?
1 LABOR and its Socio-Economic Impact | Parul Shah – Academia.edu. [ONLINE] Available at: http://www.academia.edu/7118550/CHILD_LABOR_and_its_Socio-Economic_Impact. [Accessed 16 February 2016].
2 Child Labor Facts and Statistics – The World Counts . [ONLINE] Available at: http://www.theworldcounts.com/stories/Child-Labor-Facts-and-Statistics. [Accessed 17 February 2016].
3 CHILD LABOR and its Socio-Economic Impact | Parul Shah – Academia.edu. 2016. CHILD
4 Galli, R. (2001). The economic impact of child labour. Geneva: International Institute for Labour Studies.