Commonsense Socialism the Inadequacy of the Reward of Labour the Depression of
Commonsense Socialism the Inadequacy of the Reward of Labour the Depression of
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In our eReader you can find the full English version of the book. Read Commonsense Socialism the Inadequacy of the Reward of Labour the Depression of Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Commonsense Socialism the Inadequacy of the Reward of Labour the Depression of
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But unfortunately this is not such an easy matter in our times as it used to be under simpler social and industrial conditions. For with our complicated wants, means of production and exchange there are always plenty of special branches striving simultaneously for an increase of demand, and in their eager competition the producers are frequently forced to reduce the price of their pro- ducts to an absolutely unremunerative level. Even under the most favourable circumstances the process requires... time, which is exactly what trade cannot afford at present, and it is frequently only a transfer of suffering from one branch to the other. As a rule we do not take a sufficiently wide view of the area of produc- tion and consumption. By offering an advantage as compared with his competitors a producer or dealer may indeed secure a DEPRESSION OF TRADE. STIMULATION OF DEMAND. 185 large sale. If gloves are offered in one shop at one shilling, which cost two shillings at other shops, the seller at the low price will no doubt obtain a ready sale for gloves.
What to read after Commonsense Socialism the Inadequacy of the Reward of Labour the Depression of?
You can find similar books in the "Read Also" column, or choose other free books by N Kempner to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
But unfortunately this is not such an easy matter in our times as it used to be under simpler social and industrial conditions. For with our complicated wants, means of production and exchange there are always plenty of special branches striving simultaneously for an increase of demand, and in their eager competition the producers are frequently forced to reduce the price of their pro- ducts to an absolutely unremunerative level. Even under the most favourable circumstances the process requires... time, which is exactly what trade cannot afford at present, and it is frequently only a transfer of suffering from one branch to the other. As a rule we do not take a sufficiently wide view of the area of produc- tion and consumption. By offering an advantage as compared with his competitors a producer or dealer may indeed secure a DEPRESSION OF TRADE. STIMULATION OF DEMAND. 185 large sale. If gloves are offered in one shop at one shilling, which cost two shillings at other shops, the seller at the low price will no doubt obtain a ready sale for gloves.
What to read after Commonsense Socialism the Inadequacy of the Reward of Labour the Depression of?
You can find similar books in the "Read Also" column, or choose other free books by N Kempner to read onlineMoreLess
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