Income of the Nation And Dividends of the Masses
Income of the Nation And Dividends of the Masses
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In our eReader you can find the full English version of the book. Read Income of the Nation And Dividends of the Masses 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 Income of the Nation And Dividends of the Masses
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When the cost of mining coal was increased by the increased wages and other benefits awarded to the miners, the increased cost of production immediately was added to the price of anthracite coal to be paid by every household among the poor and rich alike.
So far as strikes or requirements of labor unions diminish the volume or the efficiency of labor, or cause a loss of markets by reason of increased costs of pro- duction, their effect is to diminish the aggregate produce of the nation represen...ting the wages and income of all the people. So far as costs of production and the prices of articles produced by union labor are raised by increased wages, by reductions of hours of 12 work, or by " making work, " the advantages gained by union laborers must be paid for by all consumers, including the union laborers themselves, in proportion to their consumption of these articles. The union laborers themselves can retain the advantages gained by them only so long as the great majority of other laborers and farmers do not obtain similar advantages.
What to read after Income of the Nation And Dividends of the Masses?
You can find similar books in the "Read Also" column, or choose other free books by Victor Morawetz to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
When the cost of mining coal was increased by the increased wages and other benefits awarded to the miners, the increased cost of production immediately was added to the price of anthracite coal to be paid by every household among the poor and rich alike.
So far as strikes or requirements of labor unions diminish the volume or the efficiency of labor, or cause a loss of markets by reason of increased costs of pro- duction, their effect is to diminish the aggregate produce of the nation represen...ting the wages and income of all the people. So far as costs of production and the prices of articles produced by union labor are raised by increased wages, by reductions of hours of 12 work, or by " making work, " the advantages gained by union laborers must be paid for by all consumers, including the union laborers themselves, in proportion to their consumption of these articles. The union laborers themselves can retain the advantages gained by them only so long as the great majority of other laborers and farmers do not obtain similar advantages.
What to read after Income of the Nation And Dividends of the Masses?
You can find similar books in the "Read Also" column, or choose other free books by Victor Morawetz to read onlineMoreLess
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