Liberalism And Industry : Towards a Better Social Order
Liberalism And Industry : Towards a Better Social Order
Muir, Ramsay, 1872-1941
The book Liberalism And Industry : Towards a Better Social Order was written by author Muir, Ramsay, 1872-1941 Here you can read free online of Liberalism And Industry : Towards a Better Social Order book, rate and share your impressions in comments. If you don't know what to write, just answer the question: Why is Liberalism And Industry : Towards a Better Social Order a good or bad book?
What reading level is Liberalism And Industry : Towards a Better Social Order book?
To quickly assess the difficulty of the text, read a short excerpt:
It is no longer true to say that industry is managed on a purely capitalist basis. Industry is feeling its way along many new paths, some suitable for one kind of work, others suitable for another. It is the mark of wise men to learn from experience rather than to act on abstract and untried theories spun from their inner consciousness. We can learn a great deal from these experiments, and the more varied they are the better. Not only are many new experiments in industrial organisation now bein...g made, but there are two very instructive developments affecting all the regular capitalist undertakings which suggest that a change is gradually taking place in their character. The first of these is the fact that an increasingly large proportion of the capital invested in industry takes the form of debentures or preference shares, which earn only a fixed and limited rate of interest, 74 LIBERALISM AND INDUSTRY and do not get any share of the residual profits beyond this. So far as shareholders of this type are concerned, it is not true that the concerns in which their money is invested are run solely to earn dividends for them.
You can download books for free in various formats, such as epub, pdf, azw, mobi, txt and others on book networks site. Additionally, the entire text is available for online reading through our e-reader. Our site is not responsible for the performance of third-party products (sites).
User Reviews: