Indian Journal for Research in Law and Management
| Authors |
Gayatri Pradhan
SOA National Institute of Law, Bhubaneshwar
|
| Published | August 30, 2025 |
| Volume | Volume II |
| Issue | Issue 9 |
Law is created to address society's expanding requirements, which might be brought on by social, political, economic, and technical shifts. Institutions in society change to hate the void that changes create. The industrial revolution is a transformative event that radically shifts society's way of life from pastoral and agricultural to materialistic and industrial. In the wake of industrial society, employers exploited the working classes excessively, taking advantage of their individual dispensability and the highest return on their investment. They have the authority to "hire and fire" because of the capitalist maxim that "risk and right" go hand in hand. When individual contact was made between an employer and employee, the law of contracts used to regulate that relationship. The contract's requirements were mostly verbal and applied primarily when workers committed violations that resulted in their prosecution and incarceration.
Abysmally low pay, long work hours, abuse, lack of insurance, and safety and welfare provisions. Employers exploited workers by embracing the laissez-faire (let not meddle) policy, which encouraged exploitation at big states. The industrial revolution gave rise to labour laws, which were designed to address the abnormalities it had caused.
Keywords: Social, political, economic, industrial revolution, hire and fire, exploited, risk and right, contracts, labour laws, laissez-faire.