Protection of Labor Rights under Equitable Law:Ideals of Modern Labor Law and Their Realization

In market economies,labor contracts concluded between labor and cap- ital often conceal under apparently equitable legal terms and clauses the fact that la- bor is often placed at a disadvantage in relation to capital.To protect labor's lawful interests and rights,it is imperative to institute an equitable legal system which would restrict and regulate capital's use of labor and ensure a balance of rights and obligations between labor and capital.To this end,a modern labor law must be enac- ted together with the establishment of a number of standard-setting mechanisms, such as labor standard system,labor safety system,base wage protection system and labor administrative and inspection system.