wagedom
Etymology
From wage + -dom.
wagedom means the practice of hiring workers for wages. Lexicurio rates it Sui generis — a strength score of 94 out of 100.
noun
- The practice of hiring workers for wages.“At the other end, we have workers in the coal and iron trades demanding wages varying with employers' profits. The first represents the transition from serfdom to wagedom; the second the transition from wagedom to freedom.”