Explain Sir Maine theory.
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hi.....
Theory no longer holds good : Individual freedom of contract curtailed—But then there came a counter-move, the signs of which were, apparent in the time of Maine himself. It was realized that idea of freedom of contract between a powerful capitalist and a starving workman was ridiculous and hollow. The organisations to protect the workmen came into existence. The employers too formed their association. Now, in place of individual freedom of contract there came a group bargaining. Apart from these a lot of social legislation has been passed which have fixed maximum working hours and minimum wages, and have laid down the rules regarding compensation and other condition- of service and the individual is bound by them
hope it will help u
Theory no longer holds good : Individual freedom of contract curtailed—But then there came a counter-move, the signs of which were, apparent in the time of Maine himself. It was realized that idea of freedom of contract between a powerful capitalist and a starving workman was ridiculous and hollow. The organisations to protect the workmen came into existence. The employers too formed their association. Now, in place of individual freedom of contract there came a group bargaining. Apart from these a lot of social legislation has been passed which have fixed maximum working hours and minimum wages, and have laid down the rules regarding compensation and other condition- of service and the individual is bound by them
hope it will help u
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