African a scale of preference
Considering the dictionary definition of the term slavery, "as a condition in which an individual is owned by another. A slave is considered by law as property, or chattel, and was deprived of most of the rights ordinarily held by free persons". History has African slavery date back As far as 1444 A.D for the Atlantic slave trade, when Portuguese traders brought the first large number of slaves from Africa to Europe. Eighty-two years later (1526), Spanish explorers brought the first African slaves to settlements in what would become the United States—a fact the Times gets wrong.
Judging from history it's sometimes believed that the term slavery is far Extinct from the world population but the contrary appears to be the case.
What's Modern slavery? Contemporary slavery, also sometimes known as modern slavery or neo-slavery, refers to institutional slavery that continues to occur in present-day society. The International Labour Organization estimates that, by their definitions, over 40 million people are in some form of slavery today. Detail analysis is estimated as 24.9 million people are in forced labor, of whom 16 million people are exploited in the private sector such as domestic work, construction or agriculture, 4.8 million persons in forced sexual exploitation, and 4 million persons in forced labor imposed by state authorities.
In 2021, the employment-to-population ratio worldwide was estimated to be approximately 55.9 percent, indicating that just over half of the global working age population were employed. Considering this analysis most form of exploitation and modern day slavery could be linked to Jobs and related issues.
TYPES OF MODERN SLAVERY
Sincee slavery has been officially abolished, enslavement no longer revolves around legal ownership, but around illegal control. Modern slavery is often seen as a by-product of poverty/poor leadership. countries that lack good leaders" most often developing countries", and the rule of law, poor societal structure can create an environment that fosters the acceptance and propagation of slavery. Some of the most prominent styles of the present days modern slavery includes:
- Government-forced labor and conscription.
- Forced migrant labor
- Sex slavery
- Forced marriage and child marriage
- Child labor
Lack of education and poverty pushes people into forced labour and slavery according to the International Labour Organisation (ILO). Almost 21 million people are victims of forced labor, the UN agency says. They are either trafficked or are forced to take jobs in order to repay their debts. Bring to a sure conclusion that lack of jobs influence the number of slave Engagement.
Decentralized world and job creation
The decentralized web is an abstract concept sought by several researchers. The idea proposes the reorganization of the Internet in order to remove centralized data hosting services, using instead a peer-to-peer infrastructure. Bring the idea of an economy that's Decentralized, and giving opportunity to individuals to plan "Decentralized planning is a type of economic system in which decision-making is distributed amongst various economic agents or localized within production agents".
BENGALURU: There are more than 10,000 active job openings currently in the decentralized marketing segment in India, according to data obtained from specialist staffing firm Xpheno. Mumbai, Bengaluru and Gurgaon are the hotspots for such jobs, accounting collectively for 60% of the openings. The benefits of a decentralized world have several benefits that can help shape the lives of individuals in poorer countries. And can help to balance out global economics and help to lower inequality. The real problem lies in the world economic system's structure and its orientation towards the West. For the first time, more impoverished people worldwide will be able to invest in their futures, without intrusion.
Decentralization will allow the most impoverished to make investments that they can make returns with and control. Secondly, due to the blockchain's security and transparency, it becomes safe to use and hard to steal, limiting corruption due to lacking a central authority that controls it, providing the needed result in terms of job creation and dependence. It is well known that many top-down aid relief programs have failed in their attempts to relieve poverty and reduce inequality, especially in African countries, due to corrupt governments taking aid for themselves.
The emergence of Decentralization may finally help abolish these practices, allowing the poor to control their money and investments without government interference. without intrusion and on an even level playing field. Here by creating a self sustainable earning medium and kill the initiative of dependency on both the authorities and influential individuals, and reducing the links attach to all form of modern slavery.
The primary cause of modern day slavery is primarily linked to poverty/low education level and bad governce. Poverty reduction and opportunities for economic growth, with access to digital financial services critical for joining the new digital economy, and achieving the set dream of a better world. Decentralization(finance) can serve as a way out, if the opportunities tied to it are properly hernest.
Let's get your stake on this? And your opinion on how the world could truly be Reed of Modern slavery.